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Surveillance: Debt Pressure with Malpass

Bloomberg Surveillance

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The Fed's Response to the Fed Rate Rise

We have seen turbulence in both banks and non-bank financial institutions. Some of the weaker players have been under tremendous stress. And there's certainly possibilities that further stress could be triggered at some point. We've talked a lot about trying to separate financial stability from monetary policy fighting inflation. Inflation is a big problem and inflation has to come back to target.

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