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Central Banks

Fed’s Bostic-Daly Double Team Fails to Quash 2023 Rate Cut Bets

  • Eurodollar futures still pricing in at least one cut next year
  • A US recession would lead to policy reversal, RBC’s Ong says
Bloomberg business news
Fed's Daly Sees More Rate Increases as Necessary
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Federal Reserve officials keep repeating the mantra they don’t plan to cut interest rates next year. Traders keep doubting them.