Disliked{quote} It means that the hope for rate hike in June has changed its status from "almost dead" to "definitely dead". It can be slightly bearish for USD. Yeah, but it is not only about "dead corpse" of US economy. All the global economy is in very ugly shape because of high taxation and tightening regulations everywhere. National economies cannot breathe. Every "stimulus" distorts market and makes things worse in long term. We are going to harvest rotten fruits of statism and Keynesianism.Ignored
On short term what about Mester and Rosenberg that were both fairly upbeat and clearly supportive which in turn helped overcome a weaker reading of weekly claims? ...I mean, their influence clearly had been seen on the charts for a while
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