"Fed is saying “inflation is still way too high, and we will continue to tighten until we see more evidence

"Fed is saying “inflation is still way too high, and we will continue to tighten until we see more evidence of a slowdown,” and the market is saying “we bet that evidence is just about to appear” @rbrtrmstrng @EthanYWu on why both Fed and market are right.
ft.com/content/2b8e27…

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