Surveillance: Fed Course with Susan Collins
Bloomberg Surveillance
00:00
The Effect of a Pause on the Market
I think it's very difficult for them to pause and not pull forward the market's pricing of rate cuts. To be quite honest at the moment, it's speculative because we don't have data on how it's playing out. We're looking towards the Fed Senior Loan Officer Survey in early May. If that does tighten, I think it certainly means hard landing is more likely than even we were in testing.
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