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Economists once again upgraded their forecasts for US growth, spending and employment, but also see interest rates remaining higher for longer as above-target inflation persists. The upper boundary of the Federal Reserve’s target range for its benchmark interest rate, currently 5.5%, will fall only to 4% by the end of 2025, according to the latest Bloomberg ...
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post: ECB’S WUNSCH: SLOWER FED CUTS ARE LIKELY TO FEED EUROPEAN INFLATION. post: ECB'S WUNSCH: THE ECB DECISIONS WILL GET HARDER AFTER TWO RATE CUTS. post: ECB’S WUNSCH: THE JULY MEETING WILL GIVE A SIGNAL ON THE RATE PATH.
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