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Investment Managers Although the Market Accounts for Two Downs More than 25 Bps by the Fed, It May Be a Very Aggressive Move.
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Consenso del Mercado Cristina Gavín (Ibercaja Gestión) At the Jackson Hole meeting last August, Powell opened the door to a drop in the type of intervention at this September meeting. The weakness that has been left in the labour market for several months now would justify this decision that the market takes for granted. So, after the meeting this Wednesday, the type of intervention would be at 4%. Inflation risks remain [...]
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