Six interest rate cuts in the United States this year and four by August. Remember those predictions?
It was only a few months ago. Now, the market says two cuts, maybe three at most this year, and conviction is waning that they’re coming at all.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
