
Friday Apr 14, 2023
Marc Chandler - US Economic Data Broadly Weaker Then Estimates But So Is Inflation, Market Reverse At Week’s End
Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of the Marc to Market website joins me to recap the US economic data from this week and the market reversal today. The data showed both the economy and inflation slowing more than expected but by week's end Fed rate hike expectations had grown to over 80%. this seemingly pushed the USD higher and markets lower.
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