Chairman Powell did not rule out that every upcoming Fed meeting could be live for an interest rate hike, and that there is quite a bit of room to raise rates before affecting the labor market, points out Michael Zarembski of Charles Schwab. Ben and Michael discuss the Chinese economic data from Dec 2021. Michael discusses global banks reactions to inflation. Michael and Ben discuss durable goods expectations. Lastly, they take a look at the charts of treasury yields and the US Dollar (/DX).
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