The $100B AI Question, and the Countdown to January CPI 2/13/23
CNBC's "Fast Money"
00:00
Is the Fed Taking Too Long to Act?
Right now it's running about 4% plus on core. That's too hot for the Fed. We can get a huge number tomorrow, that's a bad result. Sure, inflation can come off a fair bit, but we still don't know exactly what the destination is. It makes a big difference to the Fed if that's 3, 3 and 1 quarter or 275. At this point, that's up in the air we can't sell.
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