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First Fed Rate Cut Won t Come Until December, Deutsche Bank Says

First Fed Rate Cut Won t Come Until December, Deutsche Bank Says
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ASX: Australian shares to drop as Fed officials highlight need for patience ; Deutsche and Bank of America say first rate cut will be in December; Bond traders prep for 5pc

The Fed comments came as Wall Street banks predicted rates would not drop until December; Magnificent seven lead US tech shares higher. Follow the latest here.

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Key dates for your finances in 2024

Inflation may be easing but it is “too early to call” the end of the cost of living crisis, according to the boss of Tesco.

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EUR/USD to 1 0700 by Q2 – Deutsche Bank

Economists at Deutsche Bank expect the US Dollar (USD) to remain strong over the year and forecast EUR/USD at 1.0700 in the second quarter.

Economists at deutsche bankDeutsche bank

S&P 500 Index has further to go, with year-end target of 5,100 – Deutsche Bank

Economists at Deutsche Bank expect the S&P 500 Index to extend its race higher over the course of the year.

Economists at deutsche bankDeutsche bank

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