The Financial Tug of War: Inflation and Treasury Auctions The Financial Tug of War: Inflation and Treasury Auctions

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This week’s inflation data is expected to reveal that the Fed still has a long journey ahead. The market’s expectation for 5.5 rate cuts in 2024 could be a mirage, more fantasy than reality. Core CPI is forecasted to rise in December at a rate inconsistent with 2% inflation, while headline CPI is anticipated to accelerate from last month’s reading.

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