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Benzinga
Benzinga
Business
David Pinsen

CPI Print Supports Worst-Case Scenario: The Fed Raising Rates Through A Recession

Recession Zoltan Pozsar NYSE TD Ameritrade Inflation Credit Suisse

The Worst of Both Worlds

Earlier this week, TD Ameritrade's lead anchor, Oliver Renick, suggested that we were likely heading for a worst-case scenario: a recession with inflation still hot enough that the Fed would be compelled to continue to raise rates during it:

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