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Currently 5.5's down 2 ticks at 101-10. No reason to panic yet.
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Labor market worse
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Ongoing measures to foster liquidity
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Labor market continues to soften
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Uncommon unanimous decision
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Inflation outlook uncertain and Fed remains
extremely vigilant, however inflation is expected to moderate
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Continued downside risks to growth
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Basically, this was an incredibly equivocal FOMC
statement given the backdrop
MBS Market Alerts
