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Apollo’s Torsten Slok Says Fed Will Not Cut Rates in 2024

Bloomberg Businessweek

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Financial Markets Booming and Fed Rate Cut Expectations

The chapter explores the correlation between the thriving financial markets and the potential delay in Fed rate cuts, foreseeing continued economic growth. Discussions revolve around the impact of market performance on inflation, employment, and the Fed's policy decisions for 2024. Concerns over over-tightening, risks of recession, and the Fed's data-dependent approach to potential rate hikes are also addressed.

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