Two posts in a day (or a week, for that matter) is unusual for me, but I wanted to pass along a few musings on the many thoughtful replies on chat today following my short note on John Williams/FOMC signaling earlier. I was going to put this on chat but with so many subscribers not on chat, and some broader views I’m thinking about, I am emailing it to all here as a post. In the interests of time, I have not edited this to perfection — apologies!
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