The latest CPI report, revealing a nearly 7% inflation rate of Core Services ex Housing, will complicate Powell's mission to realize a soft landing. This brings risks to both equities and bonds.
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Ugly CPI report leaves Powell less room to…
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The latest CPI report, revealing a nearly 7% inflation rate of Core Services ex Housing, will complicate Powell's mission to realize a soft landing. This brings risks to both equities and bonds.