Surveillance: US July CPI with Dutta
Bloomberg Surveillance
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The Fed's Soft Landing View on Inflation
The Fed is kind of enamored with this soft landing view, they're almost wish casting this outlook. And I do think that there is a risk that the Fed is patting itself on the back by the end of the year, only to watch inflation potentially turn back up next year. The relationship between home prices and rents is very tenuous in the short run. There's probably more room for oil to go up.
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