In his remarks to the Senate Banking Committee on July 9, Federal Reserve Chair Jerome Powell insisted that the central bank would not countenance a rate cut until inflation data was “good enough.” With June CPI confirming inflation is at a three-year low, can markets expect the data is now good enough? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
Author: Bloomberg Television
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News post in July 15, 2024, 12:04 am.
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