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Surveillance: Fed Outlook with Hatzius

Bloomberg Surveillance

00:00

The Next Shoe to Drop: Housing Prices

If forward pricing adjusts upwards towards the Federal Reserve, would you consider that a tightening of policy somewhat? Is that how you think about it? It depends on what is driven by. If it's driven by a stronger economy, then no. If it're driven by Fed messaging that they're less willing to cut relative to the market's expectation, then yes. People are waiting for something big to happen because they're impatient and they're looking for a trading opportunity.

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