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Fed, Markets Get Good News In Relatively Benign CPI Release
Headline inflation in the US rose less than expected in March, while core price growth remained elev
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Barring another bank accident or some other event they will go 1/4%. They shouldn’t and they should end qt, but they will not. A nuanced adjustment would be to go 1/4% but end qt. They won’t do that either as they don’t want to signal anything. But they should. The soft landing ship has sailed. Watch out!