It'll have to break the 100-month moving average that's proven to be a brick wall for 3 decades. At the current trajectory, the 100-month MA will fall from the current 3.3 percent down to 3.2 percent by the end of 2018.
Macro Morning
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Anxiety and fear over what could or could not happen at last night’s FOMC
meeting was met with relief as the Fed didn’t really change signalling on
its i...
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