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All Hallow’s Steve
lessdismalsci.bsky.social
did:plc:xlttogkud7xum3b7ndojfb2g
I.e. in a vacuum it’s probably a minor error because the Fed has the ability to backtrack and slam on the brakes if needed. In the current situation though any hint that the Fed is bending to political demands undermines long-term credibility, so Fed should prolly be extra hawkish.
2025-08-22T14:11:09.603Z