The Credit Strategist

The Credit Strategist

Fed Cut Too Much?

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The Credit Strategist
Oct 05, 2024
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The September jobs report was further evidence that the data didn’t support a 50 bp interest cut last month. That is, of course, if you take the report at face value rather than assume it wasn’t manipulated higher by the Labor Department to help Kamala Harris. If the report is revised downward in the future, cynicism will be rewarded. But leaving that p…

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