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Lindsey Piegza (Stifel) tells CNBC that weak jobs data pushed the Fed toward neutral and this week's July CPI may show a second consecutive month of annual cooling.
I do think the employment picture continued to push that pendulum back to a more neutral position and this week's inflation data on an annual basis we may see the second consecutive month of cooling.
Lindsey Piegza (Stifel) tells CNBC that cooling inflation lets the Fed keep its wait-and-see stance and pushes out any move to higher rates.
perpetuating the notion that the Fed can maintain this wait and see position on policy.
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