White House Council of Economic Advisers Chairman Chris Phelan admits the October CPI report was "not a good number," and inflation came in hot. But he still says raising interest rates by 50 basis points would be premature. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)
White House Council of Economic Advisers Chairman Chris Phelan admits the October CPI report was "not a good number," and inflation came in hot. But he still says raising interest rates by 50 basis points would be premature. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)
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