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Posted
1 minute ago, Gil Bang said:

the fed is losing credibility?   I would argue the exact opposite.  The fed is doing their thing against extreme political pressure.  They're ignoring the static. 

Agree- sorry I wasn’t clear. If the FED succumbs to the pressure, I meant, or the new chair is seen as a rubber stamp, or some hack is appointed to replace Kugler and then Powell is forced out of his governorship before it ends in ‘28, but after his term as chair ends in ‘26, etc. 

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