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Surveillance: Fed Pause with Dudley

Bloomberg Surveillance

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Can You Be Just as Constructive on Earnings?

We're in an environment where you still have a lot of excess savings on household balance sheets. We still have a very tight labor market for those lower earners, lower income earners. Plus, and I think this is a very big deal, a big decline in gasoline prices. That's going to be a big support for the U.S. consumer.

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