July 26-27 – The Fed Will Put Us on Notice for a September 20-21 Rate Hike
The Fed was cocked and primed to deliver a 25 basis point increase in the federal funds rate on June 15. But on June 3, the BLS announced that nonfarm payrolls increased a paltry 38,000 in May. This monthly random number prompted the Fed…
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Source: http://www.financialsense.com/contributors/paul-kasriel/july-26-27-fed-will-put-us-on-notice
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