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Fed's Collins: Bond yield rise likely reduces need for near-term Fed hike
Fed is at or near the rate hiking cycleToo soon to take prospect of additional hike off the tableBond yield rise likely reduces need for near-term Fed hikeLatest CPI underscores uneven progress towards 2%Current monetary policy phase calls for patienceToo soon to say inflation on sustainable path towards 2%Sees only limited progress on lower core services ex-housing inflationSees evidence the labor market is rebalancingI think this is a great summary of where the core of the Fed currently stands...
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Posted: Oct 12 2023, 20:00
Author Name: forexlive
Views: 112553