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And BMO's Kohli said FOMC..........>

US TSYS/RESEARCH
US TSYS/RESEARCH: And BMO's Kohli said FOMC minutes showed that the "most
consistent argument for hiking in our view came from "a couple" of members who
worried about persistently easy financial conditions impacting financial
stability over time."
- He adds that "'til the Fed's worries about inflation appear to be translating
into actual delays of future hikes, it's not clear the market will price too
much of this concern into Fed probabilities, and we see some of this
equivocating as simply keeping options for December open."

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