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What “Higher for Longer” Means for the Markets and Economy 12/14/22

CNBC's "Fast Money"

00:00

Is the Fed Going to Overstep the Fed Forecast?

The Fed's dot plots show 17 members are above 5% now in terms of the outlook for the Fed. None were in the last forecast. There is conviction on the Federal Reserve of getting up to that level and staying there. But somewhere along the line, somebody's going to have to make a change here.

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