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    Daily Markets: Fed's Waller Whets Market Expectations; Powell on Deck

    Federal Reserve Governor Christopher Waller shared his view that current monetary policy appears to be sufficiently restrictive to cool inflation back down to the central bank’s 2% target. The market viewed that as another data point for further rate hikes being off the table.


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    OECD Sees a Deepening Slowdown in Advanced Economies
    The latest forecast from the OECD shows the slowdown for the world’s advanced economies deepening in 2024 with global gross domestic product expected to expand only 2.7% next year after an already weak 2.9% in 2023. OECD Chief Economist Clare Lombardelli explains the results.
    Nov 29, 2023

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