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Investors Are Betting on Inflation Declining. Are They Right?

The Breakdown

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Fed Officials Back Another Large Rate Increase

The debate hasn't really been whether to stop raising rates or not, but whether to do another full 75 basis point hike. Nick timorous of the wall street journal published a new piece called, fed officials back another large rate increase. Another fed official, cleveland fed president loretta mester, also did an interview on friday where she said that the federal funds rate needed to get to four % faster than she anticipated.

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