📌The labor market is not improving, supporting the cut in interest rates.
📌The employment data for September is likely to be adjusted down (.
📌Inflation has increased but will start to decrease.
📌The impact of tariffs on inflation is only a one-time event.
The Fed rate cut probability in the December FOMC has risen to nearly 80%.
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📍Fed Governor Waller: "Supports interest rate cuts"
📌The labor market is not improving, supporting the cut in interest rates.
📌The employment data for September is likely to be adjusted down (.
📌Inflation has increased but will start to decrease.
📌The impact of tariffs on inflation is only a one-time event.
The Fed rate cut probability in the December FOMC has risen to nearly 80%.