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Hawkish central banks have sent a resounding "no" to markets betting recession would force rate cuts soon, leaving money managers scrambling for direction as the second half of the year approaches.
LONDON, June 15 (Reuters) - Hawkish central banks have sent a resounding
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The hawkish shift reinforces positioning challenges heading into the second half of 2023
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By Yoruk Bahceli and Naomi Rovnick AMSTERDAM (Reuters) - Investors held tight to bets that banking jitters would rein in the ECB's ability to jack up borrowing costs in the months ahead, as the central