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The Real Impact of Rising Rates, and Is Apple About to Break Down? 11/3/22

CNBC's "Fast Money"

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The Fed's Two Percent Inflation Target Is Still Fair

Tim Stanley: I think two percent is still fair. We've had above 8 percent inflation for the better part of this year. He says we're already seeing some disinflationary pressure there when you look at core goods, and that's a function of inventory starting to build. Stanley: People have to realize that the market's going to get worse; Powell is not going to defend the equity market.

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