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The Federal Reserve Is in a Tough Situation, Jim Cramer Says

May 20, 2023
in Trade Tube
Reading Time: 1 min read
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As the Federal Reserve is set to raise interest rates on Wednesday, TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer said the central bank is in a tough situation, amid lackluster retail sales, peak autos and some tepid housing data.

“[The Fed has] to articulate why we have to get back to normal,” Cramer said.

source

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