Surveillance: 'Springy' Oil with Blanch
Bloomberg Surveillance
00:00
Do We Add Risk or Not?
The outlook for employment growth and consumption growth slowing in 2023 means that we're tentatively more conservative with respect to risk. The other factor that I think weighs against the US economy next year is that monetary policy has been tightening at a very, very fast pace compared to the last 20, 30 years. Given the headwinds, why do you think the Fed is still going to get to 5%?
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Transcript
