
Behind The Markets Podcast: Hal Brands
Behind the Markets Podcast
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Is the Fed Ony Rat Going to Raise Another 100 Base Points?
The most important thing next week is going to be probably pow fok in jackson hole a week from to day. My feeling is, as we've stopped the down turn in the economy, it's sort of stabilizing at a low level. Unemployment claims have levelled off. Um i don't see a rapid deterioration, such as i feared in june. And if the fed ony rat raises another hundred bases points for ive. Now, where t te fed funds of two, 33, the january fet fund for the month of december is three 51. So that's about one and a quarter increase. But the data will be bout to tell us what direction to
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