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

    Sep 2, 2015
    Likes Received:
    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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