Fed Signals Rate Hike "Slowdown" In Time For Midterms | The Mike & Mario Show
Today, WSJ Fed whisperer Nick Timiraos wrote that while 75bps is a done deal for the November meeting, the FOMC discussion will be a "critical staging ground" for a lower December 50bps hike instead. Timiraos' report is a distraction to calm the market jitters right in time for Midterms.
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