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Surveillance: ECB, Fed Raise Rates

Bloomberg Surveillance

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The Fed Is Moving Away From Any Forward Guidance of Further Rate Hikes

The Fed is moving away from any forward guidance of further rate hikes. Rich Clarida earlier on this show said that he, if he were still on the Fed, would vote to raise rates again this fall. That sounds like a committee that is number one divided and number two, pretty close to the end.

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