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


The US Federal Reserve has bet its reputation on a soft landing. Here’s hoping it works out. 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

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Posted: December 18, 2023 Monday 06:00 AM