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May 03 1984

Inflation Watch…. The News Is Good!

  • May 3, 1984

Most of our inflation momentum work has improved significantly in the past month. The big surprise in the last half of 1984 may be that inflation is not going to accelerate. The 7% inflation many seem to be expecting this year end now looks very unlikely to us. The question is, will the bond market believe it?

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