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Markets should pay attention as central banks are unlikely to pivot soon. Recent market reactions suggest the series of hawkish meetings has concluded, impacting not just the Fed but other global central banks as well. Key concerns center around the reduction of price pressures, particularly if the labor market deteriorates. On a positive note, the NASDAQ is up 17% year-to-date, with the S&P 500 rising nearly 9%. This segment of Bloomberg Surveillance, featuring Tom Keene, Jonathan Ferro, and Lisa Abramowicz, highlights current trends, including a slight decline in equity futures following recent tech earnings.