re: CPI comes in hotter than expected, S&P 500 down 1%

So far, the call for 5 or 6 cuts has been more wishful thinking. The remaining gap to get where they want it will come slower than the optimists want.

Your election year comment is valid. But Biden will use the old "it's the economy stupid" politics. Even though many are struggling with high prices, the national numbers will provide talking points.

I am not trying to make this thread political. Only responding to your point. He will have election year talking points without 5 cuts based on several key numbers. I don't think we see that many cuts even with the election year politics.