James Lavish: New Fed Chair may have made early policy error - Traders Union
James Lavish: New Fed Chair may have made early policy error - Traders Union
Source: Traders Union
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DW NOTE
The Fed hiked into a 218-day supply shock with the Hormuz still closed and oil down 19% only because demand destruction is outrunning the blockade. That's not a policy error — it's a conscious choice to defend the dollar while real incomes collapse under $102 Brent.