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Closing Bell Overtime: Soft Start to September 9/2/22

Closing Bell

00:00

The Federal Funds Rate Isn't Moving Above the Cor Inflation Rate

Buk: The history is not in the fed favor. You've never had high inflation come down without the federal funds rate moving above the cor inflation rate. I think what we saw in the first half of the year was a decline in business spending, inventories, in government spending. So again, i mean by soi ii ting i we ha our session right now. Think we're oseton by now?"

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