The Fed must start easing more than previously expected because the negative jobs number is baking into market pricing the realization that the Fed will have to ease its stance; dollar weakness in response confirms this and indicates the structural downtrend in the dollar will likely continue.
causalpending
Speaker
Patrick SznaEvidence Quote
“The Fed is going to have to ease a little bit more than expected...the dollar has weakened on that [48:33]”
Created: 8/11/2026, 7:39:51 AM
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