Disney, Tapestry, Monterey, and University Endowments (Podcast)
Bloomberg Intelligence
00:00
The Fed's Expectations for the Year
The Fed will be very careful. I think that if they do pose in September, they will retain a hawkish bias. And they will keep the door open to further tightening if the data justifies it. The Fed is really data dependent. We're likely to see some renewed support pressure on headline inflation. But we do think that core inflation will continue to ease further towards the end of the year.
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