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"Fed megaphone" Nick Timiraos: Observers expect one or two rate cuts in September or December this year

JPMorgan Chase and Citi abandoned calls for a July rate cut after Friday's jobs report, with most sell-side economists and other professional Fed watchers now expecting a rate cut or two in September or December, according to Nick Timiraos, the Fed's mouthpiece.

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2024-06-10 13:31:09
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