Bloomberg Wall Street Week - December 16th, 2022
Wall Street Week
00:00
COVID-0 - Is China a Ghost Town?
I think the broad picture is where it was, I've been gratified to see the ways in which the Fed has caught up. But they've got very challenging judgments to make going forward, and I think they're in broadly the right place. Everybody is getting enormously excited about whether the dot plot is calling for two increases from here or three increases from here. This is kind of the narcissism of small differences compared to a year ago or a year and a half ago when the debate was 3 percentage points,. 300 basis points off of where things have turned out to be.
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