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Surveillance: Fed Game Plan with Dudley

Bloomberg Surveillance

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What Do You Make of the Last 10 Days?

How the economy performs is going to determine how much the Fed does. Any disagreement between the market and the Fed has been resolved by the economic data. The textbooks you studied at Berkeley would be something like there's a Korean War-sharp disinflation, which Lori at Krugman wrote about just in the recent days.

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