Surveillance: CPI Bolsters Bets on Fed Pause
Bloomberg Surveillance
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The Fed's Meeting Tomorrow
Sarah House: How does this change the dialogue at the Federal Open Market Committee meetings? Paul Sracic: I don't think it changes the outcome of what was heavily signaled before going into the blackout period that the Fed was likely to pause, skip whatever you want to call it here in June. But I think it still keeps the door open to another hike in July, given that yes, you have inflation coming down but they're still troubling, troublingly high.
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