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Sarat Sethi: Inflation not coming down has put Fed in quandary
CNBC Televisionยท2025-08-04 18:39

Okay, Mike. Thanks. Sat, how how much did the revisions in particular and the jobs data on Friday change your view of the market if at all.>> I think the lagging indicator, the the data coming in that we all expected finally hit home after Doge and all the unemployment. So, I don't think it was that much of a surprise. I think the other surprise was, hey, inflation's not coming down.So, that really puts the Fed in this quandry as to, you know, three days ago they were saying, hey, we're not going to do anyt ...