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John Dingle
Bloomberg Television
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Comments by "John Dingle" (@johndingle6293) on "Inflation Stays Hot: August Consumer Prices Rise More Than Forecast" video.
Powell ensured rate hikes into next year in July. With comments about "2.5% is neutral". You keep easing after pushing down inflation expectations by jawboning. Jamie Dimon did the Fed's work with warnings of recession to tighten but Fed just undoes it by leaving room to speculate on pivot. This is the most chaotic and disjointed implementation of monetary I've seen in my short life.
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