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Why the CPI report will be irrelevant.
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This is an actual good read on why the fed will not pivot come November regardless of what the CPI report will say. If they pivot now they risk stagflation. That’s why JP said it will not be a soft landing. They have to know for sure that inflation is over with leaving no chances for a mistakes. https://fortune.com/2022/10/06/fed-pivot-interest-rates-inflation-investors-hope-fed-president-says-not-so-fast/amp/
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