Trade Tsar: Debate Over Peak Inflation Continues (Audio)

Bloomberg's Trade Tsar Brendan Murray says the latest CPI figures have reignited the debate over peak inflation in the United States, and that data released over the next two weeks will feed into deliberations at the Federal Reserve over the size of the next rate hike. He told Bloomberg's Caroline Hepker and Tom Mackenzie that the Fed's Beige Book survey is more forward-looking than the inflation numbers, as it includes companies' perception of consumer demand.

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