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Week Ahead – Nearing the end of US rate hikes?
US Now that Wall Street has had enough time to process the dovish FOMC decision and another robust nonfarm payroll report, the focus shifts predominantly to Fed speak and economic data that should support the disinflation process. Traders will pay close attention to initial jobless claims and the University of Michigan sentiment report. Other notable economic releases include trade data, consumer credit, and the monthly budget statement. Fed speak will resume on Tuesday as Chair Powell speaks in Washington and Barr discusses financial inclusion. Wednesday contains appearances by Williams, Cook, Barr, and Bostic. On ... (full story)
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