• Month: May 2024

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24 May

Fading Hopes for Rate Cuts

By in highlights, Market Update

Quick Take: Lingering inflation weighs on investors.[1] With as little as one rate cut now anticipated for 2024, Treasuries sold off, sending yields higher and stocks lower.[2]   As investors focused on disappointing inflation readings, major equity indexes ended a five-month winning streak to move lower in April.[3]  By the close of the month, the […]

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