Tom Lee Says Cooling Inflation Could Give US Fed Room to 'Walk Back Hawkishness' — and That's 'Good For Stocks'
Fundstrat’s Tom Lee stated that cooling inflation data and a shift in rhetoric from the Federal Reserve will benefit equities. A Shift in FOMC Hawkishness In a post on X, Lee offered what he called a “contrarian take” regarding the Federal Reserve’s monetary policy path. Lee noted that New York Fed President John Willi