Behind The Markets Podcast: Bob Pisani
Behind the Markets Podcast
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Dot Plots Are Not Worth the Paper That They're Written On
"I'm with the Fed. I think they're totally wrong, and I'm going to go into it in terms of what they project," he says. "The distorted housing inflation data that is in the Bureau of Labor Statistics computation ... gives you a very distorted view of inflation." He adds: "Because of the catch up, they are way overstating inflation and core inflation going in 2022, and particular going in 2023"
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