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Fed Chair Warsh did not provide any indication of a possible rate hike, with markets currently pricing in 14 percent odds. Gregory Daco stated that, in his opinion, this fact, combined with recent key remarks from other Fed policymakers, points to a hawkish hold at the October FOMC meeting.
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Daco previously shared insights on how sovereign debt supply and demand changes are impacting financial markets. He also appeared on Radio Davos to discuss the latest World Economic Forum Chief Economists Outlook. Both appearances focused on current macroeconomic trends shaping policy considerations.