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This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:
The chart of the day What we're watching What we're reading Economic data releases and earnings
Wall Street is all but convinced the Federal Reserve will cut rates this year.
Most sell-side desks are penciling in one 25-basis-point cut in June, with another two to three similar cuts by year-end. Fed Chair Jerome Powell has telegraphed rate cuts are coming since his pivot l...
>>> Read more: Why the Fed is wading into uncharted waters: Morning Brief
The chart of the day What we're watching What we're reading Economic data releases and earnings
Wall Street is all but convinced the Federal Reserve will cut rates this year.
Most sell-side desks are penciling in one 25-basis-point cut in June, with another two to three similar cuts by year-end. Fed Chair Jerome Powell has telegraphed rate cuts are coming since his pivot l...
>>> Read more: Why the Fed is wading into uncharted waters: Morning Brief