- US economy has cautious optimism
- There is a premium on waiting to decide rates until you have as much info as possible
- Inflation is on its way down but still stubborn
- The labor market has slowed quite a bit
Dec cut odds are down to just 54%. She still sounds inclined to support a cut but I take her comments at face value that she’s on the fence. It’s certainly shaping up to be an interesting meeting.
This article was written by Adam Button at investinglive.com.
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