Yeah, they're required to weigh the tradeoff between inflation risk and recession risk. Up through this summer they had been more worried about inflation risk. Now they're more worried about recession risk, not because recession risk is especially high but because inflation risk has receded.
Yeah, they're required to weigh the tradeoff between inflation risk and recession risk. Up through this summer they had been more worried about inflation risk. Now they're more worried about recession risk, not because recession risk is especially high but because inflation risk has receded.
Yeah, they're required to weigh the tradeoff between inflation risk and recession risk. Up through this summer they had been more worried about inflation risk. Now they're more worried about recession risk, not because recession risk is especially high but because inflation risk has receded.