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Surveillance: Economy Weighs on Midterms

Bloomberg Surveillance

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Is $100 a Barrel the Same?

I think we're trying to establish all the things that Powell had highlighted, which is where's the peak and what is the shape of the rate cycle at the peak. And increasingly, that peak just seems to drift up. It would be upsetting from a sort of a stagflation standpoint if we started to see oil prices move in the, you know, in the so-called sort of wrong direction," he says.

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