The Fed Gets Caught in a Whirlpool of Events. Part 1

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The intrigue surrounding the September meeting continues to grow. No one in the market doubts that the rate will be lowered at the next meeting, but at the same time, no one understands what will happen afterward. Let's briefly consider several "points of contention."The first point of contention is the labor market. Data over the past three months has shown a sharp decline in the number of new jobs, indicating a significant "cooling." Based on this, the Federal Reserve is
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