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Fed's Bostic: Fed likely to be in restrictive territory well into 2024

Fed's Bostic: Fed likely to be in restrictive territory well into 2024
The Fed funds market is pricing in a decline to 4.04% at the end of 2024 right now with cut pricing accelerating around May.You can imagine there will be some genuine enthusiasm in equities when we get a better sense of when cuts are coming but that will also depend on what kind of shape the economy is in.Fed on trajectory to get to 2% inflationJobs numbers came in as expected, I'm comfortable This article was written by Adam Button at www.forexlive.com... Read More
Posted: Aug 4 2023, 14:15
Author Name: forexlive
Views: 102073

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