Brian Jacobsen: Don’t Ignore Cooling Inflation, More Reasons for Rate Cuts
ChainCatcher News, according to Golden Ten Data, Brian Jacobsen, Chief Economist at Annex Wealth Management, stated that although some may consider the cooling inflation report as "unreliable," ignoring it is at one's own risk. He pointed out that indicators such as rental costs and used car prices suggest that the current sources of inflation are different from the past. The Federal Reserve may view a rising unemployment rate and moderate inflation data as reasons to cut rates again.
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