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Mike Shedlock, author / blogger at MishTalk, discusses current dynamics surrounding interest rates. He observes upward pressure on rates and a slight bias toward potential U.S. Federal Reserve hikes ahead of the Fed decision today.
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Shedlock has previously covered macroeconomic trends impacting global markets. In a recent article, he shared Brad Setser's view that the petrodollar era has ended. Shedlock has also joined a U.S. fund manager to review Tesla earnings and assess possible implications for investors.