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An Extended Breakdown of the Fed and Banks (Podcast)

Bloomberg Intelligence

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The Fed and the ECB in Sync

By most measures, goods peaked June 2022 and have come appreciably down. Services remain elevated, but the largest part of services is owners equivalent rent. And guess who's driven mortgage rates higher in the United States? It's the Fed. Europe is a little different set of circumstances. But it always seems like they're late to the party and fighting the previous.

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