Quote:
Originally Posted by Stewie
Inflation reignites. CPI up 3.8% in March. We're going in the wrong direction. How does the Fed lower rates in this scenario? They don't unless there's a huge reversal from what's been happening over the past few months.
The Feds narrative makes no sense. The economy is doing great, unemployment is very low and inflation is rising. This is the scenario to RAISE rates.
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We don't need the algorithms picking up any such sentiment.