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Reply to "Trump 47 Economy"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][twitter]https://x.com/byheatherlong/status/1945099517008695410?s=46&t=kf1qYlCXQnKgUhJWEIu2vg[/twitter][/quote] What a difference perspective makes. Financial press (Bloomberg and WSJ) are reporting this morning’s inflation prints as undershoots. Yields are down and equities are up in markets. So markets are interpreting this as soft inflation data. [/quote] markets are up because rising inflation increases the odds of Fed rate cuts in September.[/quote] Other way around. Markets are up (and yields are down) because softer than expected inflation data increases odds of a Fed Rate cut this year. [/quote] markets are down and the feds will be holding steady at the next FOMC.[/quote]
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