Break glass in case of oil price shock

The Fed kept interest rates as-is today, and Chair Powell said
policymakers are “well-positioned to wait” before making another
move. But what if oil price shock, propelled by roiling conflict
in the Middle East, forces his hand? In this episode, we break
open the Fed oil crisis playbook — but we hope Powell won’t need
it. Plus, projections show the GOP tax bill will cost more than
it makes, AI productivity won't boost humans equally and port
logistics get complicated under shifting tariff policy.


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