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Take Two: ECB cuts rates again; US inflation continues to fall
What do you need to know?The European Central Bank (ECB) delivered its second rate cut this year, taking its benchmark deposit rate down by 25 basis point to 3....
Rolling down the mountain
The path to lower interest rates is clear - at least in market pricing terms. Markets suggest we are heading towards a 3% Fed Funds Rate and a 2% policy rate in...
Take Two: Global stocks volatile on growth fears; Eurozone GDP revised down
What do you need to know?Global stocks endured a fresh bout of volatility last week, driven by concerns over weak US economic data and investors cooling towards...
Calls for caution
For most of the last quarter century, real short-term US interest rates have been low or negative, except when monetary policy was being tightened. Today, marke...
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