Surveillance: Powell Crushes Pivot Hopes, BOE Hikes
Bloomberg Surveillance
00:00
Is There a New Narrative?
Dominic Mizzou: There's a shift in narrative. It's important that they raise the peak funds rate versus their September dots. The problem is we don't really know where neutral rates are, he says. Perhaps they need to sort of just take a pause, recalibrate, wait out a couple of meetings before deciding if they need to carry on raising rates,. John asked whether there any reason to be bullish right now in equities.
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