July 11, 2024
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6:26Now PlayingMarket bets on a Fed rate cut in September have reached 85%, according to Fed funds futures markets, after US consumer prices unexpectedly fell in June. Economist Gregory Daco of EY Parthenon told Reuters that policymakers could already have moved to cut in June or July
#News #stocks #markets #federalreserve #ratecuts #Reuters #Newsfeed
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