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Markets continue rallying in anticipation of a Fed pivot in 2024

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US rate cuts will be positive for worldwide investment markets in 2024.

US rate cuts will be positive for worldwide investment markets in 2024.

PHOTO: REUTERS

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SINGAPORE - The market finally heard what it wanted to hear:

At least three Federal Reserve rate cuts are coming in 2024.

Fed chair Jerome Powell essentially affirmed a view articulated by his colleague, Fed Governor Chris Waller, several weeks ago.

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