Weekly Economic & Financial Commentary: Fed Hikes and Keeps Its Options Open

<p>Summary United States: Ground Control to Major Powell: Odds of Soft Landing Rising Economic data continued to beat expectations this week. Real GDP came in at a stronger-than-expected 2.4% annualized rate in Q2. Inflation and compensation costs have decelerated; yet, we suspect the FOMC would like to see continued moderation before it concludes that inflation […]</p>
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