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Rates Spark: Whimsical data clouds the Fed’s path

NULL ING Think 1900-01-01 00:00:00

Upside surprises in the final US GDP numbers and jobless claims make it difficult for markets to agree on upcoming Fed cuts. A benign PCE reading on Friday won't change that, but payrolls data next week should be more pivotal. Euro rate markets are keen to follow the bearish mood as a stronger dollar reduces disinflationary worries

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