The stock market's conundrum π΅βπ«
Until inflation cools, the Fed will be unfriendly to markets π
The Federal Reserve is holding financial markets hostage until it sees βclear and convincingβ signs that inflation is cooling.
Fridayβs hotter-than-expected consumer price index report was anything but a sign of cooling. And since that report, economists and traders have been predicting that the Fed will only get more hawkish with monetary policy.
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