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Salman-mirza
October FOMC Approaches: What Could Still Prevent the Fed from Pausing Rate Hikes?
Let me give you my conclusion first: An October pause looks increasingly likely, but a pause does not mean the Fed has turned fully dovish.
On one side, nonfarm payrolls increased by just 29,000, while unemployment climbed to 4.2%. On the other, CPI remains elevated at 3.7%, and core inflation is proving stubborn.#DailyOrbit
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