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Surveillance: Jobs Bolster Fed’s Hawkish Playbook

Bloomberg Surveillance

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The Fed Needs to Do More to Predict Inflation

The degree of uncertainty here with regards to the inflation outlook is very hard to forecast. The Fed isn't going to change its mind, and so they're going to observe. And we have expectations, however, in the bond market for a dramatic decrease in the amount of inflation. So I think it's highly uncertain.

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