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Surveillance: Elevated Risks with Wilson

Bloomberg Surveillance

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The Risks of a Banking Crisis

Central bankers don't know how much additional tightening is being sort of implied into the market through a tightening and lending standards. And so if they're in the dark as well, if they don't have a clear sense of this, and the actual data that we're getting keeps on being strong, what's to stop them from continuing to hike? "The whole situation here is a function of data dependency," he says.

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