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Indices closing in the green. The question will be whether the totality of the data, the evolving outlook in the Balance of risks evolving outlook in the Balance of risks will rb can will be consistent of risks will rb can will be consistent. But that is met, reduction consistent. But that is met, reduction could be on the Table Reduction could be on the table. Fixed income fixed our guest, tom porcelli, the chief us economist at pgim Fixed Income in new york, joins us to discuss what he sees as strong arguments for fed action. I think he indicated clearly that september is the meeting where the bill strikes. Inflation data will get to reports between now and then. But the it would have to be a reason to take a pass at. But he left the door open for that possibility. I think at this point, it does look like inflation is in the midst of slowing down, so i dont think thats a hurdle. I think what theyre worried about now is labour. There are certainly some cracks forming in the labour bac
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