Powell stated that the employment risk has dropped.
A rate drop in September is reasonable, without considering short-term balance sheet reduction. The current data for October is consistent with the data for September. Big dovish, this round can be maintained until the 24th CPI. No need to consider going south anymore, we can catch the swings in the next few days. It's getting better!
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Powell stated that the employment risk has dropped.
A rate drop in September is reasonable, without considering short-term balance sheet reduction.
The current data for October is consistent with the data for September.
Big dovish, this round can be maintained until the 24th CPI.
No need to consider going south anymore, we can catch the swings in the next few days.
It's getting better!