CPI, Euro Equities, The Fed, and Real Estate (Podcast)
Bloomberg Intelligence
00:00
The Fed's Decision to Price Rates Higher
The market is kind of taking down its expectations pretty dramatically for a second rate hike after this potentially one in July. The Fed could have just said, look, we're not going to cut interest rates until the unemployment rate is above 5%. And I think we're nowhere near any of those trigger points at the moment. When we got the Fed minutes, it became clear that there was definitely some division amongst the voting members.
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