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A slightly quieter end to the week after the flurry of activity that followed the Wednesday jobs print as the Fed's clear favouring of the full employment aspect of their mandate side-lines inflation. Of course, estimates of a cut come the March meeting have already fallen from 22% on Tuesday to just 6% following the Wednesday meeting.
Naturally, when all the bets are going one way, it can be worth a bet to the contrary, as many traders are experimenting with this morning. Most expect a drop in inflation, mostly as energy prices continue to tumble, although an upside shock from tariffs remains a spectre .
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Major Economic Releases (All times in GMT)
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