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US Drop-In: Will October CPI justify more hawkish noises from the Fed?

Our US Economics team held a briefing shortly after the October data release, in which they answered client questions and addressed key issues around what was happening at the Fed and Congress, including:

  • How far the Fed will raise interest rates;
  • Whether inflation will fall in 2023 and what could drive it lower;
  • What the Democrats’ loss of the House and/or Senate could mean for the outlook.
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