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What to Make of the Credit Cycle. Part 26. (Long Anxiety)
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What to Make of the Credit Cycle. Part 26. (Long Anxiety)

Mar 27, 2019
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PETITION
PETITION
What to Make of the Credit Cycle. Part 26. (Long Anxiety)
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The FED sent bearish signals on Wednesday when Chairman Jerome Powell (i) lowered its GDP and headline inflation projections, (ii) committed to holding interest rates steady for “some time” and (iii) pumped the breaks on its balance sheet unwind.

us-fed reserve.png

Taken together, these actions reflect serious caution about the status of the economy — particularly in the f…

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