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đš October rate-hike odds are slippingâbut donât get too comfortable. Tonightâs PCE could flip the whole narrative.
Iâm the mid-term intelligence guy. đđ»
Over the past two days, the marketâs odds of an October hike have fallen from around 70% to roughly 50/50.
But hereâs the catch: this doesnât necessarily mean inflation is cooling.
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