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What Powell Actually Said

by Index Investing News
February 3, 2023
in Stocks
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What Powell Actually Said

“The historical record cautions strongly against prematurely loosening policy. We will stay the course until the job is done,” but it’s not done, Powell said: Core services inflation ex-housing has not come down.

The stock market sure wants a pivot. Inflation in services is still raging though. Wolf covers this extensively in his blog.

What are you all seeing?

submitted by /u/ROYCEKrispy
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