Will Easing Price Pressures Allow the Fed to Cut Rates in Early 2024?

Will Easing Price Pressures Allow the Fed to Cut Rates in Early 2024?

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10-year T-note yields tumbled Tuesday after U.S. consumer prices in October fell more than expected, bolstering speculation the Fed was finished with its rate hike cycle and may even cut interest rates in early 2024. U.S. Oct CPI eased to +3.2% y/y from +3.7% y/y in Sep, better than expectations...

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