
Central Banks Have Not Yet Won The Fight on Inflation
The Loonie Hour
Is the Fed Funds Rate Hire Expected?
The market got too aggressive on the inflation coming down a 2% thing. And I think that that was reflected in the Fed funds rate hike expectations, which have now corrected. We're starting to really see where you have strong employment growth and real decent wages. Consumer confidence is starting to bottom out because inflation has stopped falling. The main street versus wall street thing that I think we're starting toreally see play out are job shortages still jolts us.
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