Hoenig: Upcoming Data Will Be Deciding Factor for Fed
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Thomas Hoenig, Distinguished Senior Fellow at the Mercatus Center, discussed the Federal Reserve's current stance amid recent economic data. He emphasized that the Fed is maintaining a cautious, wait-and-see attitude as it awaits upcoming inflation reports, including CPI and PPI data, which will be critical for shaping future policy decisions. He speaks with David Gura & Isabelle Lee on "The Close."
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