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Citi Trims Fed Bet for 2024, Still Sees Multiple Rate Cuts

(Bloomberg) -- Citigroup Inc. dialed back expectations for Federal Reserve interest-rate reductions on Friday, while remaining among the most dovish forecasters on Wall Street.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipBillionaire Stephen Ross Believes in South Florida—a

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Citi Trims Fed Bet for 2024, Still Sees 100 Basis Points of Cuts

Citi Trims Fed Bet for 2024, Still Sees 100 Basis Points of Cuts
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Wall Street: Vulnerable Stage of the Market

Wall Street: Vulnerable Stage of the Market
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Fed caution may be justified if the labor market starts to deteriorate

March's robust job gains may push the Fed into a more cautious stance regarding potential rate cuts.

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Bretibart Business Digest: The Economic Consequences of the Baltimore Catastrophe

The economic consequences of the calamity in Baltimore are likely to be substantial.

Baltimore , Maryland , United-states , New-york , Patapsco-river , Red-sea , Djibouti-general- , Djibouti , American , Ryan-peterson , Ryan-petersen , Andrew-hollenhorst

Baltimore Port's Closure Threatens Inflation and Bigger Deficits

A big supply chain disruption is just what the U.S. economy does not need right now. | Economy

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Baltimore Key Bridge Tragedy Pressures Global Trade: Shipping Already Hit By Panama Canal, Red Sea Challenges - A. P. Moller Maersk (OTC:AMKBY), SonicShares Global Shipping ETF (ARCA:BOAT)

The collapse of the Francis Scott Key Bridge in Baltimore is causing concern for global trade and industry. The chartered ship involved was operated by Synergy Group and chartered by Danish shipping giant AP Moller Maersk.

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Baltimore Key Bridge Tragedy Pressures Global Trade: Shipping Already Hit By Panama Canal, Red Sea Challenges

While search and rescue remains the top priority following the tragic collapse of the Francis Scott Key Bridge in Baltimore early Tuesday, the cos...

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US CPI is up again in latest sign that price pressures are still elevated

The latest US CPI data shows that inflation continues to be a problem for the Federal Reserve - and President Joe Biden as he seeks re-election.

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Fed to start rate cuts in June; risk fewer delivered this year | Hellenic Shipping News Worldwide

Fed to start rate cuts in June; risk fewer delivered this year | Hellenic Shipping News Worldwide
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