Surveillance: Fed Distractions with Donald
Frances Donald, Manulife Investment Management Global Chief Economist & Strategist, says the focus on the Fed month-to-month can be distracting. Kelsey Berro, JPMorgan Asset Management Fixed Income Portfolio Manager, says "the risk of a hard landing does go up" if the Fed considers re-accelerating to 50 basis points. Alicia Levine, BNY Mellon Wealth Management Head of Equities & Capital Markets Advisory, says Powell is sticking to the Volcker playbook. Diane Swonk, KPMG Chief Economist, says it's important that Powell laid out how data dependent the Fed is. See omnystudio.com/listener for privacy information.