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Surveillance: Fed Course with Susan Collins

Bloomberg Surveillance

00:00

The Fed's Responsibility for the Banks Raising Rates

There's a theory out there, banks are going to tighten credit and do some of your work for you. That is certainly an important factor. My expectation is that we're likely to see at least some but we'll have to continue to really monitor the data" Do you think the Fed bears any responsibility for what happened with the banks because they raised rates so fast?

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