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The PCE-CPI Gap and the Outlook for Further Fed Tightening artwork
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The PCE-CPI Gap and the Outlook for Further Fed Tightening

Notes on the Week Ahead by Dr. David Kelly

Sep 21, 202612:03Business

On balance, I don’t believe that the Federal Reserve should have raised interest rates last week. However, I must confess that there was one reference in Chairman Warsh’s press conference that left me distinctly uneasy....