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Mike Konczal
mtkonczal.bsky.social
did:plc:7e7fm62vb7vcuq3ni5vjjkgs
Here's the fun, topsy-turvy, world of "it's priced in."
Can a September cut turn the August bad jobs number around? That's why Trump is rushing Miran and threatening Lisa Cook.
But all through August markets priced a Sept cut in the ~90% range. The cut was already there for this bad number!
2025-09-05T16:30:08.106Z