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Unusual Whales Pod Ep 17: First FOMC of 2023, Powell and disinflation, and the January 25 bps rate hike with experts

Unusual Whales

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The Balance of Focus Is Shifting More Away From Inflation

Jim Whaton: I think the balance of focus is definitely shifting more away from inflation, more back towards employment. There's an important change of foot in the calculation of CPI that will cause it to naturally decline and show more progress on inflation than is expected. The market rallying itself reflexively is supportive of inflation. But if markets continue to run, there's a lot of other things that are also going to be very supportive of inflation as we move forward.

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