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Why the Fed May Be Losing Control of Inflation
Inflation is accelerating again, and investors are starting to question whether the Federal Reserve still has a path to contain it.
Mike Armstrong and Marc Fandetti break down the hotter-than-expected April inflation report as rising energy, food, and housing costs push inflation further away from the Fed’s target and reignite fears of a prolonged inflation cycle.
Also covered:
Why markets suddenly believe rate cuts are off the table
The growing fear that inflation expectations are becoming embedded again
How the Strait of Hormuz crisis continues to threaten global energy supply
Why some…
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