Fed Hawks Emerge as Inflation Remains Sticky
Bloomberg Opinion
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Bond Market Reaction to Fed Funds Rate Increases
This week, we saw a massive re-pricing in the treasury curve. We also heard Fed officials begin to voice considering a 50 basis point interest rate increase again. Here is St. Louis Fed President Jim Bullard: I think we can lock in this disinflationary trend by continuing to have policy rate increases during 2023. The real economy looks like it's going to continue to grow and the labor market broadly across the country remains strong.
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