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Open original source ↗If Warsh is true to his word, DO NOT expect a leak to the financial press today or Monday about what the Fed will do next Wednesday.
The days of a Fed reporter getting a call from "unknown" and a gravelly voice saying "blue horseshoe likes 25 (or hold)" are supposed to be over.
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*TRADERS NOW SEE ABOUT A 90% CHANCE OF A FED RATE HIKE NEXT WEEK, VS ABOUT 70% BEFORE THE INFLATION REPORT The bond market is rallying since the CPI report "Bond Traders can stop panicking when the Fed starts panicking!"
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