Surveillance: Harris's recession forecast
Bloomberg Surveillance
The Fed's New Special on the F1C
I don't believe there is anything that Chair Powell could say today that would convince the market to take out rate cuts from next year. He has no choice. He cannot go dovish. If he does, it'll be a little bit of an accident. So this is a market that's probably going to start putting a little less weight on what the Fed says and more on what 2024 is going to look like.
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