Surveillance: The Fed Decision
Bloomberg Surveillance
00:00
The Markets Got the Memorandum Right Out of the Gate
The markets got the memo. The most widely cited ones show overall financial conditions were a year ago. Indeed, the Bloomberg Financial Conditions Index shows the loosest financial conditions going back to February of 2022. This is what happens when you don't validate the December dots. That's the view out there on Wall Street at the moment.
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