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Gold MemberSteve posted an update 2 months ago
In the summary of the July 30-31 meeting, a significant number of Federal Reserve participants observed that, should the data continue to meet expectations, a policy easing at the next meeting would likely be warranted. With markets now fully anticipating a rate cut in September, this would mark the first easing since the emergency…
Steve posted an update 2 months ago
A downward revision of 800,000 jobs in U.S. employment data could significantly impact the timing of Federal Reserve rate cuts. This large adjustment would suggest that the labor market is not as robust as previously thought, potentially weakening the case for immediate rate reductions that many in the market are hoping for.
The Federal…
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