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Poland to Consider Gradual Easing Only in 2025, Policymaker Says

Poland to Consider Gradual Easing Only in 2025, Policymaker Says
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A First Fed Rate Cut in June Seems Highly Premature

This hope for evidence de facto won’t be evident as base effects suggest a further upward drift in inflation in the next five months. A first Fed rate cut in June seems highly premature. US yields this morning add between 4 bps (2-y) and 0.5 bps (10-y).

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