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The big picture story still hasn't changed

Which comes first? Low inflation or the economy breaking?And as the Fed prepares to move to the sidelines, this question now involves how markets view the central bank outlook and if rates are sufficiently restrictive enough to bring inflation back towards the 2% target.For the time being, traders are not pricing in any more Fed rate hikes and markets have more or less hinted that they can take in the prospects of a soft landing. And with each passing data point that validates such sentiment, it... Read More

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Posted: Aug 10 2023, 08:26

Author Name: forexlive

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