The Fed Won’t Taper Until 2023 At The Earliest, Says Former White House Economist
This story previously had the wrong time for the Bank of Canada decision. That is not all— the U.S. dollar DXY, -0.08% has softened, and the trading in eurodollar EDZ24, -0.02% futures suggests reduced expectations for the number of interest-rate hikes between now and the end of 2024.“ That all kind of makes sense with a slower growth trajectory beyond this year,” says…
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