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Central Bank Focus

Fed Governor Pivots Raise Risk of July Cut, But Focus On Labor Data

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Dovish signals from Fed Governors Waller and Bowman increase the likelihood of a rate cut as early as July, supporting long front-end positions and steepeners. Last week’s FOMC meeting revealed a split between hawkish participants focused on the inflationary…

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