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Mark Matthews, head of Asia research at Julius Baer, explains why he sees three interest rate cuts by the Federal Reserve this year.
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The latest figures confirm the pick-up in US inflation over the past few months, with the Fed signalling that interest rates are likely to stay high for longer amid more policy-makers questioning whether the neutral policy rate has risen from pre-COVID levels. Ahead of the Fed meeting on interest rates on 30 April-1 May, markets and policy-makers have been ...