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Unusual Whales Pod #9: CPI, Macro, the Federal Reserve, and Inflation

Unusual Whales

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Is the Fed Going to Pivot?

McDonald expects the Fed Reserve to become concerned enough about the market's reaction to its monetary tightening. Perhaps a smaller federal funds rate increase of 0.5% in November and quote unquote then stop is a pivot possible, he says. The question for him is whether or not they'll be able to withstand the political pressure to actually pivot earlier.

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