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The Fed will indefinitely postpone rate hikes.someone who knows more than me, what's gonna happen?
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They have been looking for an excuse. I was convinced that if they couldn't find a halfway decent reason they might talk themselves into a tiny hike. I've listened to three different speech/Q&A's with Board of Governors the last month or so. They have become progressively less bullish over time. I'm sure that they are all very relived that they finally have a convenient out.