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πŸ‡ΊπŸ‡Έ Fed hawks push September hike odds to 60% as payrolls shrink

πŸ‡ΊπŸ‡Έ Fed hawks push September hike odds to 60% as payrolls shrink

Fed Chair Kevin Warsh's Jackson Hole speech pushed September rate-hike odds from 35% to roughly 60%, even as July payrolls fell by 23,000 and prior months were revised down a combined 103,000. Three Fed policymakers now want a hike despite the softening labor market.

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