Bloomberg Markets and Finance published this video item, entitled “Fed Rate Cut Expectations Are Overly Aggressive: State Street” – below is their description.
Marvin Loh, senior macro strategist at State Street Global Markets, discusses US Treasuries and Federal Reserve policy. The five-year Treasury note auction on Wednesday extended a winning streak reflecting robust investor appetite for US government debt. Meanwhile, the Fed’s preferred inflation gauges probably cooled in December to the slowest paces in more than a year, reinforcing a step down in the pace of interest-rate hikes but likely not enough for officials to discuss a pause. Loh speaks on “Bloomberg Daybreak: Asia.”
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