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U.S. Durable Goods Orders Jump Slightly More Than Expected In February
Partly reflecting a rebound in orders for transportation equipment, the Commerce Department released a report on Tuesday showing a notable increase in new orders for U.S. manufactured durable goods in the month of February. The report said durable goods orders jumped by 1.4 percent in February after
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CAC 40 Slides As Investors Await Fed Meeting Outcome
French stocks traded lower on Wednesday ahead of the Fed's interest-rate decision later in the day and Thursday's BOE rate decision. No meaningful changes are expected from the Fed, but the dot plot projections may hold cues to future interest-rate moves. The benchmark CAC 40 dropped 68 points, or 0
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The Fed will be in position to start moving monetary policy to a more neutral footing before the summer – ING
Economists at ING expect the Federal Reserve to start cutting rates in June. 125 bps of cuts this year, starting in June Given the Fed doesn’t want to cause a recession if it can avoid it, we believe they will be in a position to start moving monetary policy from restrictive territory to a more neut
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