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More in U.S. Say Inflation Is Causing Financial Hardship

Summary:
Recent poll from a month ago… the Brandon people still have a serious political problem due to “inflation!”… will be continuing to tell the monetarists at Treasury/Fed to correct this which means ever higher policy interest rates (and continued QT) still for now…  headed for a “full Volcker”? 🤔Thanks to reckless spendingby POTUS and Congressional Democrats: More in U.S. Say Inflation Is Causing Financial Hardship https://t.co/3hTwwJ73q8 #— Senator John Cornyn (@JohnCornyn) May 22, 2023

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Recent poll from a month ago… the Brandon people still have a serious political problem due to “inflation!”… will be continuing to tell the monetarists at Treasury/Fed to correct this which means ever higher policy interest rates (and continued QT) still for now…  headed for a “full Volcker”? 🤔







Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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