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A First Fed Rate Cut in June Seems Highly Premature

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Markets German Bunds outperformed US Treasuries yesterday on milder than expected Spanish CPI and soft comments from Italian ECB board member Cipollone. He suggested that the ECB might be able to reduce rates swiftly as the to give the economy a chance to recover as inflation eases. German yields declined between 5.8 bps (5 & […]

The post A First Fed Rate Cut in June Seems Highly Premature appeared first on Action Forex.

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