PGIM's Porcelli: This Is a Fed Chair Who Wants to Cut

Tom Porcelli, PGIM fixed income chief US economist, says the April CPI report clears the way for more Federal Reserve interest rate cuts. David Kelly of JPMorgan Asset Management is also on "Bloomberg Surveillance" to react to the report.
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[@user-gl7xm3kf3y]

A fed chair that wants to cut.........to help Biden.

[@moontakeen]

Ppp