Wednesday’s CPI inflation report has the door open to a half-percentage-point reduction
Wednesday’s CPI inflation report: Sevens Report Founder Tom Essaye Quoted in Morningstar
The stock market is falling after CPI report. Investors may fear Fed mistake.
Tom Essaye, founder of Sevens Report Research – said that if Wednesday’s CPI inflation report came in weaker than expected and left the door open to a half-percentage-point reduction on Sept. 18, that would be “better for markets” and “generally welcome” news.
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