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    Fed’s Collins sees 'in the range of two' rate cuts for 2024

    Source Fxstreet
    Apr 12, 2024 10:28

    Boston Federal Reserve (Fed) President Susan Collins said on Friday, she sees 'in the range of two' rate cuts for 2024.

    Additional quotes

    Still expecting inflation pressures to wane later this year.

    Can’t pre-judge when the Fed can start cutting rates.

    Sees progress in bolstering bank discount window access.

    A rate hike not part of baseline but can’t be fully ruled out.

    Disclaimer: For information purposes only. Past performance is not indicative of future results.
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    Judo Bank Australian Services PMI declines to 53.6 in April, down from March's 54.4Australia's Judo Bank Services Purchasing Managers Index (PMI) slipped back in April, printing at 53.6 compared to the previous month's 54.4.
    Source  Fxstreet
    Australia's Judo Bank Services Purchasing Managers Index (PMI) slipped back in April, printing at 53.6 compared to the previous month's 54.4.
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    ECB's Knot: Increasingly confident about disinflationThe European Central Bank (ECB) Governing Council member and President of De Nederlandsche Bank (DNB), Klaas Knot, said on late Monday that Eurozone inflation is easing towards the 2% target, and geopolitical tensions pose minor threats, but the ECB should still exercise caution when cutting interest rates beyond a first step in June, per Reuters.
    Source  Fxstreet
    The European Central Bank (ECB) Governing Council member and President of De Nederlandsche Bank (DNB), Klaas Knot, said on late Monday that Eurozone inflation is easing towards the 2% target, and geopolitical tensions pose minor threats, but the ECB should still exercise caution when cutting interest rates beyond a first step in June, per Reuters.
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    ECB's de Guindos: Barring any surprises, June rate cut is a 'fait accompli'European Central Bank (ECB) Vice President Luis de Guindos said on Tuesday that “barring any surprises, the June rate cut is a 'fait accompli'.” Additional quotes But have to be very cautious about what comes afterwards.
    Source  Fxstreet
    European Central Bank (ECB) Vice President Luis de Guindos said on Tuesday that “barring any surprises, the June rate cut is a 'fait accompli'.” Additional quotes But have to be very cautious about what comes afterwards.
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