Fed Outlook Still Up In The Air

On Tuesday, we got a solid US retail sales print. This was enough to punch more holes into the expectation the Fed will be leaning more accommodative on policy in the months ahead.

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On Tuesday, we got a solid US retail sales print, despite what the headline data was telling us, and we got more hawkish Fed speak. This was enough to punch more holes into the expectation the Fed will be leaning more accommodative on policy in the months ahead.

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