Barclays expect 3 FOMC rate cuts in 2024 (vs. prior one) ...Middle East

Barclays have revised their projections for Federal Reserve rate cuts next year:expect the first 25bp rate cut in June, with two more to followhad previously been expecting one cut next year, in DecemberJPM and Soc Gen have already piled in:175bp of rate cuts forecast from the Federal Open Market Committee (FOMC) in 2024 This article was written by Eamonn Sheridan at www.forexlive.com.

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