
Fading the New Year's Bounce
What Goes Up
Is the Fed Going to Pause?
The PPI index is down half a percentage point, month over month. Some of the regional Fed indexes have been pretty bad. Is this enough to make the Fed at least pause after maybe another 50 basis points? How do you see it all playing out in the first half of the year with the Fed? I think in general they probably should be somewhat happy.
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