Odds increasing that by the October fed meeting, US rates will be lowered by at least 1/2 a percent. They may need to lower by a full 1 % by end of year...
after IMF Boss Christine Lagarde takes the reins of the EU Central Bank in October...
I wander what she has in mind to fix that basket case...
I would think that’s like a downgrade from the IMF position... anyway....
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