Surveillance: Longer and Higher with Chiavarone
Bloomberg Surveillance
00:00
The Fed Hasn't Broken Anything, Laura
A recession means that the Fed has taken something and pushed it too far. Our economy doesn't like to contract, so it needs something to be not working right for a contraction. But I think right now, they're content with some broader slowing. They just see the need to continue to raise rates. It's time for them to slow down, no doubt about it.
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