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Will investors pay a price for the Fed’s zipped lip?
From Megan Leonhardt in 7/27 Barron's.com
“The Federal Reserve is widely expected to keep interest rates unchanged at the conclusion of its July 28-29 policy meeting. Yet, traders are still pricing in a 38% chance of an interest-rate hike as of Friday, up from 12.8% a week ago, based on the CME FedWatch tool. The disconnect may be the new normal more…
