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Surveillance: Paradigm Shift with Eisman

Bloomberg Surveillance

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Can the Fed Respond to a Hard Landing?

Priya Primisra of TD Priya: I think what's going to be tricky is as the economy starts to slow down, can the fed respond? She says if policy remains restrictive for longer, that soft landing very quickly starts to look like a hard landing. The rate cuts look a little bit early in our view, but I think they are going to have to cut rates," she adds.

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