bullish

FOMC's Hawkish Pause: Recession and a FF Peak of 5.5% to Finally Restrain Core PCE

Prasenjit has highlighted this Insight as a Top Pick
380 Views16 Jun 2023 19:15
We've FOMC critics since Dec'21. ISM manuf'g new orders <50 for 9 months affirm the US is in recession. That, with the FF rate at 5.5% by Sep'23, should bring core PCE inflation closer to target
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