Why this economist still thinks the Fed will cut in June

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Expectations for a June interest rate cut by the Federal Reserve are beginning to fade, as markets now anticipate the central bank may delay rate reductions ...

are beginning to fade, as markets now anticipate the central bank may delay rate reductions until later in the year amid persistently hot inflation data. On person who is sticking with June is Citi Global Economist Rob Sockin.

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Fed Chair Jerome Powell has an ‘unfriendly’ message for markets: You might not be getting any rate cuts this year

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