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The hatchets are being taken to US growth after soft data

Discussion in 'Market News' started by ForexLive, Oct 14, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Following retail sales and PPI data the cuts to GDP are coming thick and fast - BAML cuts its Q3 GDP tracker to 1.3% from 1.7% - BNP cut theirs to 2.3% from 2.5% For interest rates, Fed funds futures now price a rate hike chance at 6% for the Oct FOMC, down from 8%. Dec is now a 30.4% chance vs 39.3% yesterday

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