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Policy Interest Rates Have Likely Peaked, But Descent Will Be Slow: Fitch

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Policy interest rates in the US, eurozone and UK have been on hold since 3Q23 and have now likely reached peaks for this tightening cycle, Fitch Ratings says. Following recent dovish comments from Fed Chairman Jay Powell, Fitch now expects the next moves from the Fed, ECB and Bank of England (BOE) to be rate […]

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