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September Rate Cut Odds Dropped 🚨
The July FOMC minutes revealed that:
▸ Fed sees inflation risks outweighing labor market weakness
▸ Odds of a September rate cut slipped after the release
▸ Tariffs may fuel stubborn inflation pressures
And now market await Powell’s Jackson Hole speech -Aug 22 for clues on whether the Fed leans hawkish or dovish
GM.