This morning’s report of a less than expected rise in jobless claims and the upward revision to GDP are going to bolster J Powell’s case to keep raising rates. The only question is, how much does the market care? Seems like it wants to fight him.
This morning’s report of a less than expected rise in jobless claims and the upward revision to GDP are going to bolster J Powell’s case to keep raising rates. The only question is, how much does the market care? Seems like it wants to fight him.
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