If the fed had a “nefarious” reason to cut rates you really think they would be waiting to make one single .25 cut? Many thought they would cut 5-6 times this year but they have dutifully followed the data.Chuckanut got washed away by that last wave.
But, yeah. Employment one week: no rate drop! A decent inflation report: rate drop! Back and forth.
I think there will be a rate drop for other undiscussable reasons.
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