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

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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