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Cash management update (May 2024) — Interest rates maintained at 22-year high: What’s your next best move?

The US Federal Reserve has reiterated their stance to keep rates high until inflation retreats to around 2% on an annual basis, rather than risk cutting too early and fuelling another round of price spikes.  As such, the progress to getting to a rate cut sooner has stalled. Despite a flurry of interest rate hikes, […]

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