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Podcast: FICC Focus
Episode: Bloomberg Economicsā Anna Wong on Fed Jawboning: Macro Matters
Description: The Federal Reserve may not hike the additional 50 bps shown in the infamous āDot Plotā at the June monetary policy meeting, Bloomberg Economicsā Chief US Economist Anna Wong remarks. She joins Bloomberg Intelligenceās Chief US Rates Strategist Ira Jersey on this Macro Matters edition of the FICC Focus podcast to recap the FOMC meeting and discuss her views for the future. Wong still expects a mild recession in 2H, thinks the Fed will maintain interest rates near the peak and that balance-sheet reduction will continue into next year. She also believes Chairman Jerome Powellās press conference was relatively...