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Surveillance: Soft vs Hard Landing

Bloomberg Surveillance

00:00

Do the Fed Make Noise?

I don't think the Fed needs to get the bond market selling off. I'm not sure they'll do that today. But it's certainly very likely in Q2 or maybe in the March meeting to do that. Larry Summers, he said something sensible over the weekend in terms of maybe the Fed shouldn't recommit to heights. That's really would be an interesting thing if the Fed could perhaps have a bit more uncertainty around their policy going forward.

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