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Morning Bid: Unrushed Fed Sees Out Buoyant Q1, Dollar revs up

A look at the day ahead in U.S. and global markets from Mike Dolan. With Wall St set for its final trading day of a bumper first quarter, the Federal Reserve seems in “no rush” to lower interest rates just yet – buoying the dollar as other central banks chomp at the bit. Fed Governor Christopher Waller set the tone for the Easter break on Wednesday indicating the central bank was being patient rather than hesitant in lowering borrowing costs this year. Although the comments marginally shaved expectations for a rate cut as soon as June – and nudged two-year Treasury yields […]

The post Morning Bid: Unrushed Fed Sees Out Buoyant Q1, Dollar revs up appeared first on Vladimir Ribakov.



This post first appeared on Professional Forex Trader And Mentor, please read the originial post: here

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Morning Bid: Unrushed Fed Sees Out Buoyant Q1, Dollar revs up

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