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US PMIs Suggest Fed Should Be Hiking, Not Cutting
Well, good news and bad news from the preliminary read on services and manufacturing activity across
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If inflation related numbers continue to come in a little spicy, and the employment numbers remain relatively flat, the Fed may actually decide to hold rates again in September. I’m just saying. I don’t think mud-slinging at Fed governor Cook buys Trump any love from the other voting members outside of the three he already has in his pocket. Is it theoretically possible to vote to hold rates with three dissents? I know it wouldn’t look great.