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A ‘perfect alignment’ across markets has Wall Street 100% convinced of a rate cut | Fortune
Job weakness and softer inflation data push markets to fully price in a September Fed cut, but Powell’s decision could spark volatility if he resists.
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Wall Street is locked in for a Fed rate cut next week: The only question is how far and how fast Powell will go
“The broader market psychology has shifted," Convera’s George Vessey says. "The question is no longer if the Fed will ease, but how fast."
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A ‘perfect alignment’ across markets has Wall Street 100% convinced of a rate cut | Fortune
Job weakness and softer inflation data push markets to fully price in a September Fed cut, but Powell’s decision could spark volatility if he resists.