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The Fed's Hopefulness in the Market
Jordan: The hopes for a Fed pivot have been so strong, you know, people just looking for any sense that maybe the hikes are going to slow down. Jordan: I think each time that you have kind of these rallies, investors are going to reach for some sort of narrative to kind of fit into their bullish thesis. But even though this was the first CPI report where inflation was a little bit lower than the last one, it still is pretty high. It still is a way away from that 2% target.