Surveillance: Fed's Path with Mester
Bloomberg Surveillance
00:00
The Speed Effects of the Fed on Interest Rates
The rates of change right now, including the huge surgery saw in interest rates, has to be front and center. This is a speed issue. The Fed went really fast. There is an argument for it. Just let it work. Have some faith in what you've done so far. And that's what pushing harder. It could go to a very bad place. We'll be talking with Gita Gopanath here next week at the IMF.
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