Surveillance: BOJ Jolt with BNY Mellon's Yu
Bloomberg Surveillance
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The Risks of Inflation Slowing
There are a lot of positives right now, but there are also headwinds and I still kind of agree with Chair Powell that there's still follow-through from the monetary policy tightening. We've got a low unemployment rate, nominal wage inflation that's still a little brisk. If the economy stays strong, there is the risk that the Fed might have to hike more and do more work to get the slowing that they need in the economy.
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