Took some bet that they will hold rate steady. Looks like CPI is just about to shoot up. Time will tell... If it surprises tot he upside, I do not think the FED can cut...
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Took some bet that they will hold rate steady. Looks like CPI is just about to shoot up. Time will tell... If it surprises tot he upside, I do not think the FED can cut...
Fair point on CPI potentially spiking. If inflation surprises to the upside, the Fed might indeed hold rates steady. Jackson Hole could give us a clearer picture of their thinking. Time will tell