Wednesday, March 15, 2017

CPI To Soften Fed: Bullish

Many have come out expecting the Fed to raise their hike assumptions for 2017. We said last week to expect 3 or 5 more hikes. Now with a softer CPI report this morning it can ease up the FOMC statement at 2PM and Fed Chair Yellen's comments at 2:30. That should be bullish.

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