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post: Fed’s Powell Tested Positive for Covid-19 Yesterday, Experiencing Symptoms, Working From Home and Staying Away From Others -- Fed Spokesperson
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Rate cut expectations have been on the increase again lately. We think that longer out the market is pricing in too much easing from the Fed and too little from the ECB. Also history strongly supports the latter. “Members saw the latest inflation developments as evidence that the impact of the past extraordinary shocks was waning and economic relationships ...