JPM's Kasman: Tighter Credit Conditions Playing Out 'Over Months'

The video discusses recent shifts in the Fed funds rate and their impact on GDP, highlighting uncertainties in the economic environment. It notes tighter credit conditions in the US and a shallower path for the Fed. The discussion covers persistent inflation, healthier growth momentum, and increased downside risks. The speaker emphasizes the complexity of the situation and the likelihood of gradual impacts over time, rather than immediate crises.

What are the potential impacts of the Fed funds rate shift on GDP?

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How do current credit conditions in the US compare to previous expectations?

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What does the speaker suggest about the risks to the economy?

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In what way does the speaker believe monetary conditions will change?

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What is the speaker's view on the timeline of the impact of tighter credit conditions?

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