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Surveillance: Fed Tightening with Dudley

Bloomberg Surveillance

00:00

The Fed Needs to Tighten Financial Conditions

Inflation expectations are still relatively well anchored. That would imply that the federal reserve isn't o have to do quite as much ut to push inflation back. So far, financial conditions really haven't tightened very much. The stock markets only four % or so off from where it was a couple of years ago.

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