The Reason the Fed Won't Hit Its Inflation Target | Joseph Wang
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Description
Joseph Wang, Chief Investment Officer at Monetary Macro, joins Kyla Scanlon to break down the Federal Reserve's decision to raise rates to the highest level in 22 years, and what to expect from monetary policy moving forward. Wang also weighs in on the how the central bank will balance the trade-offs between lowering inflation and unemployment, which believes is a "political decision" that the Fed will struggle with in the future. Fed policy aside, Wang calls out other factors that will prevent inflation dropping to 2%.
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