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#OctoberRateHikeOdds The Fed may be getting exactly what it wanted: uncertainty 👀
October hike odds have swung from nearly 70% toward 50%, with PCE next and payrolls just two days later.
What caught my attention is how fragile that pricing looks. A cool PCE print could quickly weaken the hike case, only for strong jobs to revive it.
This isn't one-data-point trading anymore. Markets need inflation and labor to tell the same story before the Fed's next move becomes clear.
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