


| Full Show: Surveillance (03/22) |
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> FURTHER REMOVAL VIA INCREASE OF THE FED FUNDS RATE WILL BE NEEDED. MY CURRENT ASSESSMENT IS THAT THIS WON'T CALL FOR AN INCREASE AT EACH MEETING BUT IT DOES NEED MORE THAN THE ONE INCREASE PER YEAR SEEN AND THE LAST TWO YEARS. FRANCINE: THEY SAY IT WILL CALL FOR THE CENTRAL BANK TO SHRINK THE BALANCE SHEET.
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