Surveillance: Fed Tightening with Dudley
Bloomberg Surveillance
00:00
Is the Fed Going to Tighten Financial Conditions?
Stocks are a reflection of sentiment. If they affect the way that people are willing to go out and make purchases based on their household wealth, what does that do to the economy? Well, the fed right now is, you know, markets are pretty confident in the fed sub programme because they have thee takingfurtum rates up to about three %. That causes the economy is slow. And then the federal reserve eases policy in 20 24, 20 25, and we have a soft landing and live happiway ever after. I don't think it's going to be that easy, because because the markets are so confident in the fit, the financial conditions are still quite buoyant.
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