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“Nightmare Scenario” For The Fed | Felix Jauvin
Forward Guidance
Is CPI Rebounding?
On an annualized basis, my short-hand framework is around three to 4% headline inflation for on a year-over-year basis. As this recession starts to unfold, that's going to have an effect on surprisingly, you know, we might see all out a couple months of all out month over month deflation. So that could easily shift that if we started to ease on the margin and be forced to, that's why I could see CPI rebound back further.
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