Dario Perkins questions why a 0.1-point move in monthly inflation — from 0.2% to 0.3% — can trigger intense debate over Fed rate hikes. He says the reaction may reflect excessive sensitivity to CPI prints, amid lingering post-COVID seasonality concerns.
published
Dario Perkins questions why a 0.1-point move in monthly inflation — from 0.2% to 0.3% — can trigger intense debate over Fed rate hikes. He says the reaction may reflect excessive sensitivity to CPI prints, amid lingering post-COVID seasonality concerns.
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