Back To Pricing Two Full Fed Rate Cuts In 2024

Softness in the latest US ADP employment report has further emboldened investors to price in more rate cuts than less from the Fed in 2024.

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Softness in the latest US ADP employment report has further emboldened investors to price in more rate cuts than less from the Fed in 2024. At the moment, we’re back to an expectation of just about two full rate cuts this year.

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