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The August Labor Market Report To Cement The September Fed Hike

Source: seekingalpha.com

Economic DataMonetary PolicyInterest Rates & Yields
The August Labor Market Report To Cement The September Fed Hike

August PMI Flash and high-frequency indicators point to a stronger-than-expected labor market report. The market implication is a Fed hike in September, with a second increase likely by December. This shifts rate expectations higher, tightening financial conditions and weighing on risk assets.

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