Surveillance: Forget About Fed Cut, says Sahm
Bloomberg Surveillance
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The History of Guessing the Trend and the Second Derivative of Disinflation
Claudia, what's our history of guessing or gaming the trend and the second derivative of disinflation? Do we get that right ever? Rarely. I think they're going to be very cautious in stepping back, even if inflation starts to fall. If we can become too complacent about the ramifications in real estate of these high interest rates, waiting and hoping for that disinflation. Great.
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