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Clarida on TV:
The bolded comment is insightful to the Fed’s thinking. They’re going to evaluate at year-end on whether inflation is going back down or whether they need to act. The December 16 FOMC is going to be big, along with the PCE and CPI reports just before it.
Search Web: Clarida: If year-end inflation has not declined from mid-year that might be ‘good evidence’ that not transitory
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