POPA Recon✔️September interest rate increase → Will it be solidified as a freeze? 👀
✔️September interest rate increase → Will it be solidified as a freeze? 👀 As the U.S. employment indicator for July released yesterday was much weaker than expected, the FOMC interest rate forecast for September is rapidly tilting from ‘raise’ to ‘freeze’. • July non-farm employment -23,000 → significantly lower than market expectations • Total employment in May and June revised downward by more than 100,000 • Wage growth rate is also slowing → Sign of cooling labor market • Polymarket September outlook → Interest rate frozen at 63% → 25bp increase 37% ✍️Not long ago, the possibility of…
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