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Anticipation of Federal Reserve Statement and Market Impact
The chapter delves into the market anticipation surrounding the Federal Reserve statement release and the potential impact on interest rates and the Treasury market. It discusses the adjustments in the Fed's projections, bond issuances, and the expectations of bond investors regarding potential rate cuts. Additionally, it explores the financial repercussions following Macron's snap election in France and the challenges President Macron faces in implementing fiscal improvements.