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The market is pricing in a soft landing with no further rate hikes

Today's price action in markets embodies the perfect ending to the inflationary cycle. The slowdown in job openings and consumer confidence is correctly being viewed as a signal that the Federal Reserve no longer needs to hike rates.They're not seen as a sign of an economy that's lurching towards a recession and needs rate cuts.It's a perfect landing that balances growth and inflation. The soft data is coming with the Atlanta Fed GDPNow tracker running at 5.9% and the market sees that as plenty... Read More

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Market

Pricing

Soft

Landing

With

Further

Rate

Hikes

Forex

Posted: Aug 29 2023, 17:46

Author Name: forexlive

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