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Frederick Miles
Bloomberg Television
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Comments by "Frederick Miles" (@frederickmiles8815) on "El-Erian: Fed Would Only Pivot Over Financial Stability Concerns" video.
Fed cant pivot - the 2 year is over 4.4%. If they were smart they would jack up rates a full point to 4.25 - and pivot in December at 2 year crashes. If the 2 year increases again, a full point increase now gets them in range of the 2 year - even if it pumps up - they could push passed it if required.
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