A pair of hot CPI reports in January and February has left the Fed in a difficult position. Although US inflation has cooled considerably from the 9.1% peak recorded in June 2022, it’s still some distance above the Fed’s 2% target — and remains prone to the kind of unexpected upswings we’ve seen so far in 2024. Will the Fed delay the rollout of eases in monetary policy? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/...
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