Reading the Fed Tea Leaves
What Goes Up
00:00
Do You Think the Fed Is Going to Be Data Dependent?
i want to ask you if data dependence means that they back away once the data actually starts to get ugly. How much weakness in the economy do you think Fed is will to tolerate? A fed policy takes about six months to filter through, some of these things can go through straightway. Mimi, i wanted to ask you about how you've been managing just the change in f the feds tightening cycle. When we started the year, we were looking at maybe three rate hikes of 25 basis points. And now we're well north of that.
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