Daniel Lacalle: Another Fed Rate Hike Would Be a Serious Mistake
Lacalle is right on every count. The June numbers don’t justify another hike. Tightening into disinflation punishes the small businesses that can least afford it.
Lacalle is right on every count. The June numbers don’t justify another hike. Tightening into disinflation punishes the small businesses that can least afford it.
***Obligatory forward-looking statement: This is not investment advice. Anyone considering what is said in this email or from the author should consult a licensed financial
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