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Morgan Stanley Investment Management's Jim Caron Talks Inflation, Fed Watch
Published 1 week, 4 days ago
Description
An advance in oil prices sent stocks lower, fueling concerns about higher interest rates ahead of key inflation data. Money markets priced in an over 50% chance of a Federal Reserve rate increase this month, with the case for a hike hinging on government inflation data.
For more, Jim Caron, CIO of Cross Asset Solutions at Morgan Stanley Investment Management, speaks with Bloomberg's Paul Sweeney.
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