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Welcome to Fed day
In that lieu, nothing else might matter for markets especially as we come off the US CPI data from yesterday here. Headline annual inflation continues to fall but core annual inflation isn't coming off quite as fast. But when all is said and done, we're now looking at just less than 5% odds of a rate hike today.If the Fed needed some backing to "skip" a meeting, well they certainly got it and markets have vouched for that.The question now though, is whether the supposed "skip" will turn into an...
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Posted: Jun 14 2023, 04:30
Author Name: forexlive
Views: 081215