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Recession odds are growing and there is nothing the Fed can do about it
Recession odds are growing and there is nothing the Fed can do about it
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- In-line CPI report leads to a blockbuster day for US stock markets
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- Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
- USD/JPY looks to US CPI report to potentially break ping pong range
- BOJ reportedly erring towards keeping interest rates unchanged next week
- USD/JPY back above 153.00
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