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The Fed Lag and Mortgage Rate Dilemma
Bloomberg Opinion
Is the Fed Really Calling a Stop?
Garfield Reynolds: It took several punches to the gut for bond balls before that message got across. The market had to abandon the thesis that the Fed was close to calling halt and then we could start anticipating when they're by cut, he says. Insipidive Fed has made it clear that it's going to do multiple hikes from here, writes Reynolds.
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