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Investors Are Betting on Inflation Declining. Are They Right?

The Breakdown

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Is the Fed Going to Get Back to Forward Guidance?

The fed officials are also arguing that current inflation data isn't likely to impact their decision all that much. The consequences of being fooled by a temporary softening and inflation could be even greater now, if another misjudgment damages the fed's credibility. It also appears that these officials are starting to consider go political risk in a more significant way.

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