The Pomp Letter
The Pomp Letter
Past Speeches Can Inform Us About Inflation And Recessions
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Past Speeches Can Inform Us About Inflation And Recessions

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To investors,

Financial market participants are waiting for the Federal Reserve’s interest rate decision later today. There are trillions of dollars being wagered on whether we will see an increase of 0.50%, 0.75%, or 1.00% to the Fed funds rate. Markets are forward looking, so financial asset prices have also been moving in anticipation of the decision.

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