Slow road for China
NAB Morning Call
00:00
The US Economy Is Slowing Down
Loretta Mester from the Cleveland Fed, you mentioned, somewhat higher is what she's saying. That sounds like a lot to me. And do you know, does that mean they've done one or two rate hikes too many? But if inflation does come down, that narrative can change very quickly. A wobble in the equity market at these levels, I don't think will be a problem to them If you were to see a significant decline, you know, sort of 20% drop, then maybe the tune changes but for now, IDon't think it will be a deterrent for them to continue hiking.
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