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Latest CPI data to determine size of next Fed hike?


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As global markets continue to react to the unfolding situation in eastern Europe, IGTV’s Daniela Sabin Hathorn chats to EDM’s Marc Ostwald as he breaks down the effect of rising energy prices on the consumer price index (CPI).

When considering the Fed’s upcoming meeting on Wednesday next week, he believes that a 50-basis point hike is off the table regardless of what the February CPI reading reveals on Thursday.

 

 

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