Fri, April 21, 2023 | 7:50AM ET

While equities have gone into "grind" mode, as odds of a +25bp May hike rise to 88%. But softening labor markets (4-wk claims at 15-mo highs) suggest a "dovish" (vs hawkish) hike in May

Name: FS Insight
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Tom Lee, CFA ^AC

Head of Research

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