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Fed, Inflation, and Macro Crosscurrents

Fed, Inflation, and Macro Crosscurrents

Post-Fed yield curve steepening. Weak July jobs data (23K lost) eases rate fears but inflation remains sticky. Fed's Hammack dissented, arguing policy not restrictive enough. Upcoming CPI/PPI and retail sales critical. Oil spike, Iran tensions, and AI data center buildout inflationary. Gamma squeeze active. Stock futures flat ahead of data.

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Updated Aug 10, 2026