The economy seems weaker than advertised and inflation is still running hot—it’s the ‘worst of both worlds’ ...Middle East

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The economy seems weaker than advertised and inflation is still running hot—it’s the ‘worst of both worlds’
David Donabedian, CIO of CIBS Private Wealth US, warned the spike in core inflation seen in the latest GDP report is a major setback for the economy and the Fed.

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