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Surveillance: Fed's Path with Mester

Bloomberg Surveillance

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The Fed's Balance of Risks

I'm hoping we don't tighten until something breaks. I think we've got to be judicious about it and try to calibrate our policy in the correct way. The consensus median dot was 5.1, which would be one more rate move. Are you in the group that was above that? How far do you think we might go?

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