Both CPI and PCE inflation indices overstate the actual run rate of inflation, says Jay Hatfield. He looks for signs of strength in the economy. He then goes over the inflation outlook for 2023. He also goes over if the Fed will pause in the near future, and if they will reach their target rate in 2023. He notes that he thinks that the inflation data is going to turn around. Tune in to find out more about the stock market today.
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