SPECIAL REPORT: Fed Hikes Rates! | Axel Merk
Summary
Axel Guggenheimer joins Adam Taggart to analyze Kevin Walsh’s unanimous decision to hike rates, arguing that the move signals a return to Fed independence and a strict focus on price stability over labor market concerns. The discussion highlights Walsh’s strategy to restore market discipline by letting data drive future policy, while distinguishing his approach from previous chairs who engaged in excessive forward guidance. Guggenheimer also addresses the tension between resilient consumer spending and low sentiment, attributing the gap to political polarization and a "K-shaped" economy whe…
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