Rate Cut Odds Shift



September cut odds now at 73% but Fed’s Hammack isn’t buying it.

Here’s why she pushed back:
• CPI flat at 2.7% - inflation progress stalled
• PPI 3.3% - hotter than forecast
• Jobs market strong → low unemployment, steady wages
• Retail sales solid -demand intact
• Markets too easy -cuts priced in already

Next big clue: Powell’s Jackson Hole speech on Aug 22.

#FOMC # Fed #Markets # Bitcoin #Crypto
WHY3.16%
IN-2.74%
BTC1.89%
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