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Danielle DiMartino Booth on Fed's "Difficult Position" & Stagflation Concerns
Description
Danielle DiMartino Booth believes the FOMC may be more worried about inflation than investors believe. She points to February's core PCE waving warnings flags. However, a jump in jobless claims isn't doing any favors for the Fed's dual mandate, which Danielle also sees losing slack. As for Friday's CPI number, she expects a hot print but shares concerns it will show early signs of stagflation.
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