Surveillance: Tale of Two Halves with Bailin
Bloomberg Surveillance
00:00
The Fed Funds Rate Isn't Going to Rise, but It's Not Enough
The fundamentals suggest that the equity market has gotten ahead of itself, even the bond market. From what we hear from the Federal Reserve is they're very resolved and resolute to make sure that inflation comes down. Even though we're seeing these disciplinary forces come into play, it's not enough yet to get us back towards the 2% part of the level with confidence.
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