The port strike could disrupt the data
The port strike could disrupt the data: Tom Essaye Quoted in Forbes
Could Dock Worker Strike Spike Inflation? Experts Are Split.
Sevens Report analyst Tom Essaye wrote Tuesday to clients any strike-related inflation uptick is ultimately just a “temporary disruption” and shouldn’t impact the view of the broader inflation picture.
“The port strike could disrupt the data, essentially creating a smoke screen for the Fed when trying to stick the soft landing,” wrote Essaye.
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