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James Gorman, Debt Ceiling and the Equity Rally (Podcast)

Bloomberg Intelligence

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The Fed's Wait and See Approach to Inflation

The PC data coming up next week is probably the biggest one that we have. The Fed reserve concentrates on that particular measure and so there will be some modest differences between that data and what we got in CPI. But regardless you're still likely to see the inflation continuing to move lower but just at a you know but still wind up well above 4%.

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