US jobs relief, inflation data this week
NAB Morning Call
00:00
The Fed May Revert to Easing
There's no sign of consumption easing off here at the moment. Everyone seems to be spending, you know, I mean, no sign whatsoever. The market is pricing 34 best points of hikes by November. So a terminal Fed fund rate of around 542. But interestingly, what you're also seeing is that sort of 10-year part of the curve is re-pricing as well.
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