Surveillance: Smart Fed Policy with Garvey
Bloomberg Surveillance
00:00
Work With the Balance of Risks, Which Is More Concerning?
The way the Fed is pursuing policy here is, it's kind of smart. They've got to keep on 25s and level off. You look at lending standards out there. They are as tough as they've been since the great financial crisis. But we're not seeing that in the data. And this is really the concern that's causing a lot of people to rethink the balance of risks once again.
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