Surveillance: Earnings Story with Wilson
Bloomberg Surveillance
00:00
The Fed Reacts Sohawkishly
The Fed has to do a lot more to get the economy where it wants to be. The latest print on core CPI was.6 and labor markets clearly remain quite tight, with 3.7% unemployment rate. So one of the reasons why it's being so hawkish here is to make sure that inflation expectations don't get out of control. That's when the Fed fears inflationary spiral.
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