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Closing Bell: Are Rate Hikes Working? 3/3/23

Closing Bell

00:00

Is There a Recession Coming?

The number of CEOs that see a recession coming has been more than cut in half. I think we may get a lot of beats in the second half of the year rather than shortfalls as we saw in the fourth quarter. There's no reason really to think that they're going to start re-accelerating from here. The Fed doesn't need to do as much anymore, but the labor market has remained strong.

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