Danske Bank Preview on US CPI: May Lock the Fed in Wait-and-See Mode
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Golden Ten Data reported on May 12 that Danske Bank analyst August Hyldgaard stated in a report that Tuesday's U.S. consumer inflation data may solidify the Federal Reserve's wait-and-see position. "If the data exceeds expectations upward, combined with strong labor market figures, it will keep the Federal Reserve in its current wait-and-see mode."
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