Surveillance: Central Banks Wake Up
Bloomberg Surveillance
00:00
The Asymmetries of Strong Dollar Versus Weak Dollar
We're dealing with a massive shock that is more of a supply and nature. We used to think that in the face of these shocks, it would take longer to bring inflation back to target. Nobody is really making this argument. So I think we haven't seen the full implication of this world yet. The pressure is going to put globally. Canada is one place, but like emerging markets so that hasn't really played out yet.
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