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Surveillance: Powell Crushes Pivot Hopes, BOE Hikes

Bloomberg Surveillance

00:00

Are We Flying by the Seat of Our Pants?

The US has a lot of momentum, especially in the service sector. The rate hikes are slowing things like housing, but it's not having an impact on services. And we think that's why, you know, jobless claims are staying low. We don't think the unemployment rate is going to rise soon.

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