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Will Fed Push Back Against Imminent Rate Cuts?

There has been a notable repricing regarding the Fed’s future course of action since the beginning of 2024. From fully pricing in a 25bps cut in March, investors are now assigning around a 50% for such a move, despite former St. Louis Fed President James Bullard recently saying that he expects the Committee to start lowering interest rates as soon as March.

USD/CHF halts its winning streak on a subdued US Dollar, moves below 0 8700

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