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Fed Is One Bad Inflation Number Away From Hiking Rates, Dutta Says

Source: Bloomberg

Monetary PolicyInterest Rates & YieldsInflationEconomic DataAnalyst Insights

Renaissance Macro Research's Neil Dutta said prospects for an October Federal Reserve rate hike are "on life support," but warned that a single adverse inflation report could revive the case for tightening. The outlook leaves rate expectations highly sensitive to upcoming inflation data, creating potential volatility across bonds, equities and FX.

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