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Ep. 1945 - Inflation Comes In HOT
The Ben Shapiro Show
Consider the possibility of an upward rate move and cautious economic outlook
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Being open to the idea of a rate increase rather than a decrease is crucial, as the market is unpredictable and a possible crash could occur. The current economic situation suggests that a rate cut in June would be a risky mistake, with concerns about inflation similar to those in 2021. The Fed governor mentioned the potential for rate hikes if inflation progress stalls. Despite a strong economy, small business owners are not optimistic, as shown by a decline in their future expectations. The recent positive jobs report was driven by healthcare and government sectors, leading to concerns about the overall economic outlook.
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