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Markets capitulate to Federal Reserve on interest rates after months-long stand-off
僵持数月后,市场在利率问题上向美联储服软

Traders bet on three quarter-point cuts in 2024, down from expectation for six or seven at start of year
交易员们押注2024年将降息75个基点,低于年初预期的150或175个基点。

Investors have fallen into line with the Federal Reserve’s expectation that it will cut interest rates just three times this year, ending a months-long stand-off between markets and the central bank.

投资者已认同美联储(Federal Reserve)的预期,即今年只会降息三次,从而结束市场与美联储之间长达数月的对峙。

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