Jerome Powell has recently admitted that The Federal Reserve is not satisfied with current levels of inflation and is thus changing their plan for monetary policy. Instead of three rate cuts, the Fed will now hold rates as they are until they see improvements in inflation.
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★ ★ CONTENTS ★ ★
0:00 The Fed Flips on Monetary Policy
2:30 Berkshire Bonanza Announcement!
3:25 Was It Really a Shock?
5:00 The Fed’s Dual Mandate
6:30 Is it the Fed’s Fault?
8:50 Howard Marks’ Prediction is Coming True
10:20 Does this all matter?
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