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#OctoberRateHikeOdds October's Fed call may come down to a two-day data handoff 👀
PCE lands Sept 30, then payrolls Oct 2. Hike odds have already swung from nearly 70% toward 50%, showing how little conviction markets have.
What caught my attention is the sequencing. Softer PCE may cool hike bets, but strong jobs could reverse that days later.
The real signal isn't either report alone. It's whether inflation and employment finally tell the Fed the same story.
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