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The Fed is ready to “inflict pain” on the economy to bring inflation down;  stocks, Bitcoin to see more decline - Alfonso Peccatiello

The Fed is ready to “inflict pain” on the economy to bring inflation down; stocks, Bitcoin to see more decline – Alfonso Peccatiello

The Fed will “inflict pain” to bring inflation down to 2%, said Alfonso Peccatiello, author of The Macro Compass. The resulting central bank policy will negatively…

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