Surveillance: Fed Game Plan with Dudley
Bloomberg Surveillance
00:00
The Fed Reserve Is in Control, Right?
Powell isn't really sure how much further he has to go. What he does know, though, is that he controls the policy rate. And so if he needs to slowly calm me down more, he can just raise policy rates higher and do the job. But you have a notion of where neutral is before you can think about what's tight.
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Transcript
