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18 Jan 2024
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Jan 18, 2024
ECB’s Vasle: Market’s anticipation of rate cuts as early as spring could be premature
The European Central Bank (ECB) Governing Council member Bostjan Vasle spoke at the Euromoney conference in Vienna about investor speculation regarding imminent interest rate cuts.
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Jan 18, 2024
US equities broadly pull back as rate cut bets wither, S&P 500 sheds over half a percent
US stocks saw broad-base declines on Wednesday after investors were forced to adjust their bets on rate cuts from the Federal Reserve (Fed) after US Retail Sales rose more than expected, implying the US domestic economy remains too strong for the US central bank to begin cutting their main reference rate as soon as investors are hoping for.
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