November 5, 2024

Powell Leans The Wrong Way Ahead Of Next Week’s CPI

Powell #Powell

  • The Fed raised but signaled a data-dependent pause.
  • I’ve been bullish this year, but I’m concerned that the Fed pause comes just ahead of a CPI print next week that has some upside risk.
  • Anyway, net net, I’m bullish for this year, but I’m concerned about next Wednesday’s reaction.
  • Read the full article on Seeking Alpha

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