Plenty of indicators pointing to several rate cuts this year. Inflation is already down to 3% and the Fed aims to adjust rates preemptively as rate cuts take many months to have an impact, so they'll be making the decision knowing the impact will be felt in about 6-18 months from now. Don't be surprised if cuts arrive this month, and I'd be expecting a reduction by the next meeting. Just my view of course, guess we will find out soon enough
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Afternoon trading March 11, page-107
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