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BMO Economist Lee expects inflation jolt to fade, Fed to stay on sidelines
Jennifer Lee, Senior Economist at BMO Capital Markets, believes that despite initial strong inflation data from last week, the details suggest a narrowing of inflation breadth. Traders anticipate the PCE inflation report later this month will show a similar trend, leading to the Federal Reserve remaining on the sidelines.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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