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post: FED'S KASHKARI: TOO SOON TO DECLARE WE ARE STALLED OUT ON INFLATION. post: FED'S KASHKARI: IF WE NEED TO HOLD RATES FOR AN EXTENDED PERIOD, OR RAISE RATES, WE WILL DO THAT. post: FED'S KASHKARI: INFLATION WHERE IT IS NOW IS NOT THE NEW NORMAL; THE FED WILL ACHIEVE 2% INFLATION post: KASHKARI: RATE CUT THIS YEAR IS STILL A POSSIBILITY
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The dollar has been on the retreat since last Wednesday’s Fed meeting, without much in the way of data this week to give it fundamental support. Realistically, the turn to the downside for the dollar happened after Friday’s weaker than expected jobs data. But, like we warned ahead of the data release, the NFP forecasts might not have been capturing the ...
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