If the Fed cuts rates by Sep or possibly even this yr, it's much more likely because they get bad news about the employment side of their mandate than because they get reassuring news about the inflation side. The reason: even if inflation falls will take time to be convincing.

🇺🇸 #FED'S WILLIAMS: CONSUMER SPENDING DRIVEN BY STRONG FUNDAMENTALS - BBG *FED'S WILLIAMS: GETTING STRONG TAILWIND FROM SUPPLY SIDE *WILLIAMS: THINK ECONOMY WILL CONTINUE TO GROW AT SOLID RATE

🌎 Hot Commodity Markets Are Dogging Inflation-Wary Central Banks - Bloomberg www.bloomberg.com/news/articles/2024-04-15/commodity-markets-high-gold-oil-copper-prices-will-remain-problem-for-fed?srnd=economics-v2&sref=ZVajCYcV

#ARGWatch🇦🇷: ARG registers the WORLD'S 2ND HIGHEST INFLATION RATE on the #HankeInflationDashboard. Pres. @JMilei, Inflation will continue to SOAR until you OFFICIALLY DOLLARIZE. pic.twitter.com/WkVI2o016u