Featured interview: Godiva CEO Nurtaç Afridi
First Move with Julia Chatterley
00:00
Is the CPI Report Signaling Recession?
Investors are getting a little too complacent expecting the Fed to ease or maybe cut more than what the Fed is indicating by year end. The bond market is really upside down expecting that rates are going to stay higher in the short term but come down longer term as the economy slows. So it's two very, very divergent reactions to what's going on with the CPI number. Yeah and that's something the bank certainly don't like to see.
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