The US Federal Reserve and its chair, Jerome Powell, are betting that they can have the best of both worlds — that they’ll be able to defeat excessive inflation without forcing the economy into recession.

I hope it goes well. Unfortunately, there’s still a significant chance it won’t.

QOSHE - Jerome Powell’s Pivot Is a Pretty Big Gamble - Bill Dudley
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Jerome Powell’s Pivot Is a Pretty Big Gamble

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18.12.2023

The US Federal Reserve and its chair, Jerome Powell, are betting that they........

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