What I Read This Week…
The Federal Reserve is expected to cut interest rates by 25 basis points this week, xAI released an updated version of Grok, and researchers at MIT have developed a new way to see inside living tissue
Watch All-In E207 Read our Deep Dive: A Primer on Cryptocurrencies Caught My Eye… The Federal Reserve is expected to cut interest rates by 25 basis points later this week, even though CPI has risen to 2.7%. What's going on? Earlier this week, the Bureau of Labor Statistics reported that November CPI increased for the second straight month, with CPI at 2.7% compared to last year. Despite this higher inflation, markets are pricing in a 96% chance of a rate cut at the December 18th FOMC meeting. Why? First, investors speculate that recent inflation increases haven't diverged far enough…
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