Surveillance: Raising Rates with Citi's Clark
Bloomberg Surveillance
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The Fed's Decision Making on Credit Suisse
"We think you get much more of a reaction to a hot print than a weak one," says John Defterios. "In our simple calculus, the Fed's going to ease only if something breaks." The immediate concern was spillover; we simply don't have a lot of visibility into those balance sheets,. Are they huge? No. But collectively, could there be a problem?"
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