Monday, July 8, 2019

Merrill: “Data cools call for July cuts”

A few excerpts from a Merrill Lynch research note: The June employment report was strong with job growth of 224K … leaving us comfortable with our view that the Fed will not cut in July and wait until September to deliver the first rate reduction. … last week’s data were extremely important in dictating Fed

The post Merrill: “Data cools call for July cuts” appeared first on The B-Trader .



source https://thebtrader.com/2019/07/08/merrill-data-cools-call-for-july-cuts/?utm_source=rss&utm_medium=rss&utm_campaign=merrill-data-cools-call-for-july-cuts

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