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Cash management update (April 2024) — Fed has no hurry to cut: What’s your next best move?

Stubbornly high inflation reaffirms the recent rhetoric of the Federal Reserve: The central bank is in no hurry to cut interest rates. It seems more apparent that the anticipated cut is unlikely to occur in June.  The Fed has been wanting to see meaningful progress on inflation before it starts cutting rates. However, US consumer […]

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