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In wait-and-see mode - January 10, 2024
Episode 314
Published 2 years, 10 months ago
Description
Investors are trading cautiously ahead tomorrow’s inflation data, with futures on the main three Wall Street indices flat on Wednesday. They are eager to get more cues about the pace of interest rate cuts this year. The euphoria seen in late 2023, boosted by expectations of a rate cut as early as March has slightly faded, but signs that inflation continued to cool in December could revive hopes.
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