Trump, Home Depot, Retail Sales, and Maui (Podcast)
Bloomberg Intelligence
Inconsistency in the Fed's Stance on Rate Adjustments
The chapter discusses the inconsistency in the Fed's stance on rate adjustments, highlighting the discrepancy between Jerome Powell's statements and the dot plot projections. It also explores factors such as inflation data, labor agreements, and upward pressure on wages that may hinder the Fed's perceived intention of cutting rates.
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