Surveillance: Hawkish Fears with Morgan Stanley's Carpenter
Bloomberg Surveillance
00:00
Is There More Resilience Underlying the US Economy?
There have been some surprises and it wasn't just one data series, the non farm payrolls report for January was strong. Can we get inflation back down to 2% if we don't get a recession? And this is really the underlying question of a lot of what we're discussing because yes, there is momentum. But this is only increasing the expectations for Fed rate hikes.
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