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Something for your Espresso: Frontloading, but so far a vague one

We got the 50 bps cut from Powell & Co. that the markets wanted, along with a Fed that leans dovish for the rest of the year, as indicated by Powell’s press conference yesterday. We also see the BoE potentially being impacted by the 50 bps front-loading from the Fed today.
2024-09-19

We got the 50 bps cut from Powell & Co. that the markets wanted, along with a Fed that leans dovish for the rest of the year, as indicated by Powell’s press conference yesterday. We also see the BoE potentially being impacted by the 50 bps front-loading from the Fed today.

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