October Fed hike odds jumped to 75% from roughly 50% after stronger-than-expected U.S. flash PMI data, GLJ Research’s Gordon Johnson said. Services hit 58.7, manufacturing neared 57, and price gauges rose to their highest since October 2022.
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October Fed hike odds jumped to 75% from roughly 50% after stronger-than-expected U.S. flash PMI data, GLJ Research’s Gordon Johnson said. Services hit 58.7, manufacturing neared 57, and price gauges rose to their highest since October 2022.
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