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Sticky Inflation To Remain A Bigger Problem Than Markets Are Ready For | Wolf Richter

Wealthion - Be Financially Resilient

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The Fed's Negative View of the Unemployment Situation

The Fed is looking at the same data that you are, and they're seeing stubbornly high services inflation. And so to them, that gives them a lot of runway to say, yeah, we can continue to be really hawkish here. We've got to go after inflation. Nothing seems to be catastrophically failing right now, so let's continue to be aggressive.

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