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Surveillance: Fed Expectations with Hatzius

Bloomberg Surveillance

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Should We Switch to a More Nominal Inflation Analysis?

Yon: Are we getting our time, our x axis wrong right now? I think a year from now or two years from now, inflation will be much lower. The risk is more on the service side, where we've seen less of an indication that things are slowing. Especially rents are still growing very quickly. So i do think that theethere are going to be improvements, but not everywhere.

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