The Fed could finally pull back its aggressive policy this month - but it'd be doing so for all the wrong reasons, DataTrek says
February CPI rose 6% year-over-year
The data shows inflation is still cooling, and it could encourage the Fed to hold back on raising rates again this month in light of the banking drama. Colas pointed out, however, that lower rates"hurt the Fed's ongoing efforts to reduce consumption and the incremental inflation that it creates."
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