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The Rate Cuts Powell Dangled in Front of Markets May Slam into Inflationary Fiscal & Economic Policies of Whoever Is in the White House Next Year
https://wolfstreet.com/2024/08/24/the-rate-cuts-powell-dangled-in-front-of-markets-for-next-year-may-slam-into-inflationary-fiscal-economic-policies-of-whoever-is-in-the-white-house/
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For the Treasury market, Powell’s speech was a nothingburger. A Sep rate cut has been priced in since the Aug 2 jobs report.
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