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The last batch of inflation news that Federal Reserve officials will see before their policy meeting next week is in, and none of it is very good. In the aggregate, Commerce Department indexes that the Fed relies on for inflation signals showed prices continuing to climb at a rate still considerably ahead of the central bank’s 2% annual goal, according to ...
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Strong economic growth and elevated inflation is putting upward pressure on bond yields and that will put downward pressure on the economy at a time when stocks reflect a strong economy. A strong US economy has become the consensus expectation: the Bloomberg US 2024 consensus forecast is that the US economy will grow by 2.4% and that consumer prices will ...
Sessions