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Rising Rate Fears & Tech 8/19/22

Halftime Report

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Do You Think It's That Rate Pressure Wing on the Market Right Now?

Shanam Prtty: The fed is making it incredibly clear that they are willing to do what it takes in inflation. We're starting to see some real benefit in terms ofo energy prices and and certainly on both consumer confidence as well as c p i and p p i. I think this is a little bit of caution from the fed to say we have certainly not indicated that we're pivoting, and we're not talking about cutting rates at all at this point.

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