Surveillance: Longer and Higher with Chiavarone
Bloomberg Surveillance
00:00
Are We Going to Have a Recession?
I think they've got to be frustrated, John. I don't think that you're going to have a recession or not because of an extra 25 basis point. So my guess is if they go to 25-year, they might do two more 25s to at least get to that median dot. And I would expect that he would push back against these financial conditions. Some, that being said, I have not had the best luck at predicting what Powell's going to say.
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