Is the Personal Income & Outlays a continuation of inflation data along with the CPI and PPI? Real wage gains could mean that the consumer is holding up well. Jannis Meindl says that this is a deceleration story like 2019 with the Federal Reserve hiking interest rates. Could they be more dovish in the future? Jerome Powell has gone back and forth in his tone. Meindl also discusses the geopolitical picture with the ECB and Europe.
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31 Mar 2023
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