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Jared Woodard

Investment strategist at Bank of America Research.

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Futures leave the Fed's surprise in an 11.5% chance of a hold

CME FedWatch puts 88.5% on a quarter-point hike to 3.75% after CPI printed 3.4%. The 11.5% left over is a hold, and UBS's Paul Donovan says that outcome would put a risk premium into bond pricing. Trump wants the hold.

Publishers:fortune.com

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Evidence46
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Insufficient
Hype gap+24
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Confidence53