Scott Bauer of @ProsperTradingAcademy says the Fed's 50bps "maybe was necessary" in light of the latest PCE data print. He says the chances of a November 50bps cut may also go higher as "inflation numbers are getting back to the 2% target" but cautions that the Fed's attention will now turn to the labor market with next week's jobs report.
Futures
27 Sep 2024
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