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#FedOfficialsDebateHikes The Fed just delivered a 25bp hike, and debate has already moved to whether October brings another one 🏛️
CME pricing puts probability of additional 25bp increase at roughly 54.2%, which feels more like a coin toss than clear consensus. Fed officials sound divided too. Barkin noted that over 60% of PCE components still rising above 3% YoY, Collins warned that inflation may remain above target, and Musalem said further tightening could be necessary.
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