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MaventraX
If you look beyond the headlines, the market is mainly reacting to rising expectations of a potential rate hike. But expectations aren’t reality.
Once September’s nonfarm payroll and CPI figures are released, I don’t expect Walsh and the Fed to have much justification for tightening policy.
For now, the most balanced stance is likely to stay on hold — neither raising nor cutting rates.
#NFPTestsSeptHikeOdds
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#DellAIServerBeat
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