We believe Powell will “keep at it”. But we also believe he has misdiagnosed the 1970’s inflation, and his policy prescription may exacerbate the inflation illness. Higher rates are expected to cure inflation, but higher rates may unexpectedly cause inflation.
Seeking truth to better inform our decisions and better serve our clients.
Honesty & diligence are the foundation on which we build our relationships.
Listening with intent to understand our clients' needs to achieve their goals.
Critical & objective evaluation of our positions to reach beyond the standard.
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