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Phillip Ellis
Bloomberg Television
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Comments by "Phillip Ellis" (@phil20_20) on "Jobs Report Makes Notion of Fed at Neutral 'Comical': El-Erian" video.
We should be shooting for 2.5 inflation, not 2%. And then we should also shoot for 2.5% unemployment and 2.5% interest. Of course, a reactionary Fed such as we have will never achieve equalibrium.
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