
Surveillance: Citi's Fed Funds Forecast
Bloomberg Surveillance
00:00
The Fed's Will to Respond to Higher Inflation
The market really got there a month ago or so. We had two year yields above five percent. Now there are new questions about whether the Fed is going to essentially have to give a little bit on the price stability mandate. That could be problematic if we start to view central banks is unwilling to move against inflation.
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