Surveillance: Jobs Figures with Hollenhorst
Bloomberg Surveillance
00:00
The Fed's Restrictive Policy
The market has tended to underestimate the commitment of the Fed to maintain rates at an elevated level and keep pushing through, says Andrew Hollenhorse. "Every time they hike rates, I think the market is not going to be convinced that they're going to have to do even more," he adds. And when we look at inflation, I actually think the inflation picture in the US is looking pretty good."
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