Surveillance: Michele sees recession by year end
Bloomberg Surveillance
00:00
The Fed Is Going to Pause Hitting Rates
Cleveland Fed President of Redimessa is speaking to the FT and saying, quote, I don't really see a compelling reason to pause. Bob Michael from JP Morgan Asset Management says that we are going to get a pause. This is the time where you clip coupons because yields have reset materially higher than they were in 2021.
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Transcript
