A Managing Directorfrom the carnegie council. Thanks forjoining us. What you make of those comments from the Federal Reserve governor . What do you. It is from the Federal Reserve governor . What do vow what do you. It is a reasonable statement what do you. It is a reasonable statement. Based what do you. It is a reasonable statement. Based on what do you. It is a reasonable statement. Based on economic i statement. Based on economic projections, it turns out that it is always surprising, so the rush to cut rates is probably not as necessary and it may actually derail the progress we have made towards inflation and the secret here is that the Balance Sheet for the fed is likely to take a huge part in how rates behave in the second half of the year. Even though we expect rate cut delays, the Balance Sheet run off stemming quite a bit here is going to be the major story for the second half. Going to be the maor story for the scene half. Going to be the maor story for the scono half. Seco
Again seem to compete for the grass then as dusk seems to bring the horizon closer, Timeless Rhythms emerge you have to whisper to not the elephants, but still, despite the Breakneck Development happening around three lets slowly coming together its a magical to see this. Thats been going on regardless of all Human Intervention for centuries what Jr. S is this routine . Born in the privacy of the savanna. Now, just a few meters away from the new highway this young one appears to have injured their left leg hobbling tended to for awhile, but also later distance from
Compete for the grass then as dusk seems to bring the horizon closer, timeless rhythms merge, you have to whisper to not the elephants, but still, despite the Breakneck Development happening around three, hertz slowly coming together its a magical to see this. Thats been going on regardless for Humans Invention for centuries what Jr. S is this routine . Born . In the privacy of the savanna. Now, just a few meters away from the new highway this young one appears its to have injured their left leg hobbling tended to for awhile, but also later distance from the herd