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Analyst: Fed Rate Cut in September Unlikely to Be Derailed by Worsening Inflation Data
BlockBeats News, September 5th, Analyst Chris Anstey said that ahead of the Non-Farm Payrolls report, the market was fully pricing in a Fed rate cut two weeks later. To dissuade traders from this expectation, it may take an extremely strong job growth data, coupled with a high CPI report. However, this job report may have already cemented the rate cut expectation, even if the upcoming CPI shows escalating inflation. (FXStreet)
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