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BLOOMBERG Bloomberg Surveillance July 12, 2024

Yes, a fed meeting at 2 00. None of it matters. What matters is the drama, the guys fromof four Silicon Valley lined up in front of congress. And oh yeah, the stimulus. What has your attention . Jonathan funnily enough, the Federal Reserve, but only because somebody people are playing it down. A lot of people have shaken their head. What was the last three months about . We are about to see a shift away from the accommodation we have seen towards much more Forward Guidance, and the commitment, the shift in the reaction function to formalize that commitment to low for a whole lot longer, and i think that its important. Tom the queen of the xaxis, lisa abramowicz, is here. Are we going to go out to 2023 today . Lisa the question is where. Are we talking about the front end . Clearly they are not going to raise rates any ....

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