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The Fed Lag and Mortgage Rate Dilemma

Bloomberg Opinion

CHAPTER

Is There Any Probability That He'll Surprise the Markets?

Do you think there's any possibility that he might actually do away with it completely in April and just surprise everybody? That's a possibility. The more likely scenario would seem that he tries to hold the fort for a while, at least while he possibly commissioned the review or takes measures to try and improve the way the market is working. Whatever he does in a lot of ways is going to surprise because if he does essentially nothing, that's the best making.

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