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Cage Match: Markets Vs The Fed
We Talk Money
The Fed Is Making the Opposite Mistake of What They Did in 2021
CPI numbers coming in today at 3.0% year over year inflation. We're still seeing inflation, but the numbers just continue to come down every single month for what the last eight, nine months. Yet we have the Fed saying that they're not happy with this progress, that they still want to hike rates in July. But I am encouraged by the inflation data. It is exactly what we expected to see.
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