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Surveillance: Fed Distractions with Donald

Bloomberg Surveillance

00:00

Is the Fed Walking Back Wednesday?

I think the Fed may not be focused on specifically some of those traditional inflation measures, but that rise we've seen in inflation expectations and market-based measures. Now, it's countered by inflation expectations among consumers that are still going lower. And I'm hoping that the Fed is focusing on those long-term inflation expectations which are coming down quite a bit. One of my bigger concerns is this summer, we're probably going to lose some of the disinflation momentum.

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