Has the Fed exhausted their ability to go on to a major broadcasting channel and "claim" rate hikes are right around the corner?
Well, when all else fails, roll out Goldman. Remember, they were calling for $800 gold last year.
From Zerohedge:
Growth in nonfarm payrolls was weaker than
consensus estimates at +151k, but above the pace Fed officials
typically consider sufficient to hold the unemployment rate steady over
time—the so called “breakeven rate”. We therefore see this report as
just enough for a large majority of officials to support a September
rate increase. We have therefore raised our subjective odds of a hike
this month to 55% from 40%.
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