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Legg Mason: Tepid Inflation: Yet Another Sign

Investment news for Financial Advisers & Paraplanners

9 Jul 2019

Legg Mason: Tepid Inflation: Yet Another Sign

The Federal Reserve (Fed) is set to meet later this week as investors speculate when the central bank could cut rates. We believe the Fed will decline to cut its policy rate at this meeting, but may begin easing as early as July. The advent of an easing cycle will remain data dependent, and this chart highlights why the Fed could make the case for cutting rates by Fall 2019. 

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