Soft landing, slow road back
NAB Morning Call
00:00
The Fed's Restrictive Measures on Real Rates
The most meaningful change is that the assessment on growth changed from modest to moderate. He said his base case is still for a soft landing without high levels of job losses. That was what sort of helped the equity market roll off during the press conference. There's about 10 points more total priced in over the next couple of meetings.
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