The Fed is About to Start Cutting Right as Inflation Reignites
Forget what the media tells you, the latest round of inflation data was troubling. The headline numbers for the Consumer Price Index (CPI) for the month of July pointed to a slowdown in inflation: month over month (MoM) CPI came in at 0.2% while year over year (YoY) at 2.7% on expectations of 0.2% and 2.8%, …
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