Bluford Putnam

Tuesday’s consumer price inflation data disappointed equity market investors who were still — despite the Federal Reserve’s insistence otherwise — hoping for the first rate cut in March. “Jerome Powell already said he wasn’t going to cut rates in March. I think the problem...

Editor’s note: this story has been corrected to note that Bluford Putnam is a former, not current, chief economist at CME Group. The Federal Reserve has inflation under control and the U.S. economy is doing just fine, according to a prominent economist. Speaking on Benzinga‘s “...