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Posted
1 hour ago, jimmyjazz said:

A sliver of good news:  CPI dropped 0.1% this month, 2.4% annual.  Core CPI rose 0.1%, 2.8% annual.

Good news or recession indicator?

that light you see at the end of the tunnel is just the head lamp of an oncoming train 

  • 4 weeks later...
Posted

is it just me or is it a bit insulting at this point for some of these questions that keep getting asked. It seems like there's some type of entitlement from the press pool to not do their fucking jobs and ask questions that are not offensive and focused on the actual work the Fed does. 

I think Powell did a great job staying focused and his guidance was deliberate and narrow so that people don't over react. There wasn't much to read into from his remarks today and he expanded on them very well. 

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