Surveillance: Labor Market Sends Mixed Signals
Bloomberg Surveillance
00:00
The Fed's 500 Basis Point Increase in the Labor Market Is Surprising
Bullard: We don't have pandemics all that often. So it's hard to make sure that you've got your models really well calibrated. But the strength that we're continuing strength in the labor market, but for 500 basis point increase by the Fed, that is pretty surprising.
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