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US Drop-In: January CPI and the timing of the start of Fed easing

What does the recent data flow and Jerome Powell’s pushback mean for the timing of the first Fed rate cut? How quickly and easily will core inflation get back to target? How far will the Fed go to cut rates this year?

Chief US Economist Paul Ashworth and Deputy Chief Economist Andrew Hunter held an online briefing soon after the publication of January CPI data all about the inflation and policy outlook. 

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