At first glance, the past week’s inflation data look hot enough to change the Fed debate, but the details were less alarming: Inflation breadth narrowed, and traders expect PCE inflation later this month to tell a similar story. Jennifer Lee, Senior Economist at BMO Capital Markets, discusses global tightening and her outlook for the Fed's inflation fight. (Source: Bloomberg)
At first glance, the past week’s inflation data look hot enough to change the Fed debate, but the details were less alarming: Inflation breadth narrowed, and traders expect PCE inflation later this month to tell a similar story. Jennifer Lee, Senior Economist at BMO Capital Markets, discusses global tightening and her outlook for the Fed's inflation fight. (Source: Bloomberg)
<iframe src="https://statesidedaily.com/embed/cluster/ecbde931500b3eb2be42e208a6be53d15f81fdab" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Inflation Jolt to Fade, Fed to Stay on Sidelines"></iframe>
