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The Daily Hodl 2023-08-15 11:45:24

The Fed Is Done Raising Interest Rates As Inflation on Path Lower, Says Fundstrat’s Tom Lee

Fundstrat Global Advisors managing partner Tom Lee thinks the U.S. Federal Reserve is done raising its benchmark interest rate. In a new interview with CNBC, Lee says that’s he optimistic about the market and inflation numbers. “I think [last week’s] CPI (consumer price index) report kind of shows that inflation’s on a glide path lower. The The post The Fed Is Done Raising Interest Rates As Inflation on Path Lower, Says Fundstrat’s Tom Lee appeared first on The Daily Hodl .

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