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Surveillance: Fed Outlook with Hatzius

Bloomberg Surveillance

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The Parallel to the Economy Boom in Florida

We're likely going to see some slowing in loan growth, and that typically coincides with slowing economic activity. That will have real economic impact, and at this point it's not being priced in. One of the great realities of Florida right now is everybody's been there for three cups of coffee and think they're experts. But I'm hearing people leave places like Miami because they're getting priced out. They can't afford it.

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