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They'll likely try to give us a re-do of Covid inflation to juice unadjusted numbers, but without an actual external emergency to even sort-of justify it.

I'm wondering how closely banks' rates will follow the Fed, this time. I'm guessing less-so than usual, making the measures less effective than normal. Lowering rates even further to compensate may signal panic and incompetence (even more) to the markets, which will be... fun.



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