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Key Events: Could Payrolls Prompt Fed Frontloading?
Macro Hive
Key Events G10 In the US, the main data points are: NFP – Friday. If the print shows no marked improvement on July and is below consensus for UE falling to 4.2%, the Fed will likely frontload rate cuts, starting with 50bp in September. JOLTS – Wednesday. The U/V ratio is more important than headline. […]