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>> No.54564803 [View]
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54564803

>>54564696
read the minutes. they still think the risks are to the upside for inflation, because services inflation is stubbornly persistent. they basically say there needs to be job losses before services inflation goes down. they are nowhere near cutting.

by the time they do cut rates, they will be cutting INTO a recession, just like they always do. there's nothing bullish about that

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