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Fed could hold interest rates through December as weak jobs data reshapes outlook: Strategist

Fed could hold interest rates through December as weak jobs data reshapes outlook: Strategist

George Boubouras of K2 Asset Management reacts to the weaker-than-expected U.S. nonfarm payrolls report for July and discusses what it could mean for the Federal Reserve's interest-rate path. He also weighs in on Fed Chairman Kevin Warsh's push to move away from forward guidance and explains why he believes it could be a positive shift.
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