Surveillance: Davos, Day 1 (Podcast)
Bloomberg Surveillance
00:00
Is the Fed Ging to Blink?
Sotat: It's the feds got to do its job with negative real interest rates. We've started to see a slight declines in consumer purchases right out, he says. Big retailers have seen nominal growth, but not real growth,. So that tells me there's demand destruction. Do t so we break the rules for the san thi we shoud ai to break? Is the fed ging to blink? I don't think so; i don't think recession is inevitable.
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Transcript
