HomeMarketsU.S. Economy & JobsInflation 'Well Below' 2% & Fed's Rate Cut Path Ahead

Inflation 'Well Below' 2% & Fed's Rate Cut Path Ahead

Campbell Harvey argues the CPI's shelter number accounts for much of the year-over-year inflation rate. He makes the point that inflation is already below where the Fed wants it to be. Turning to the FOMC, Campbell says projections for upcoming cuts are "not a good approach" to tackle rates.

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11 Dec 2024

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