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Cryptopolitan
2024-09-16 19:35:30

Don’t bet on big Federal Reserve’s rate cuts, says BlackRock

Don’t bet on big Federal Reserve’s rate cuts, says BlackRock

BlackRock Investment Institute says don’t count on the Federal Reserve slashing US interest rates as much as the bond market expects. They argue that the US economy is still too strong and inflation is still too high for the central bank to make any deep cuts. Market traders are betting on a total of 120

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