New Year, New Outlook
Moody's Talks - Inside Economics
00:00
Dodginess Is a Dodge, Right?
The market is already expecting five. So that's already built into financial conditions. The effects of that are already coursing through the economy, so it hasn't been fully realized. But until business really have to go refinance their loans or households really have to pay their bills, the real effects on the economy won't appear.
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