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Surveillance: Wall St. and Main St. Brace for Recession (Podcast)

Bloomberg Surveillance

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The Fed Shouldn't Go Too Far

Dromhaw: Monetary policy makers ought to be looking at every piece of inflation, both the top line and stripping out food and energy. "We really need to understand what's driving this to understand where it's going now," she says. Dromhaw: The fed is between a rock and a hard place; they don't want to s recession, but they also don't want those inflation expectations to become entrenched.

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