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VIDEO: Macro Minute: Post-July CPI, we believe "transitory" will be increasingly part of inflation conversation. Fed Williams NY Times interview pushes forward this view.

We discuss: Post July CPI this Thursday, we believe the word "transitory" will be increasingly used in conversations around inflation. NY Fed Williams interview in NY Times where he discusses rate cuts in 2024 point to this. The tanking of used car prices for July point to this (released today).  And even SF Fed study showing shelter CPI could go negative YoY in 2024.

Please click below to view today’s Macro Minute. (Duration: 7:08).

PS: if yo...

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