Forget About Rate Cuts For Now

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🇺🇸 🇺🇸 BofA: A June start [rate cut] might also prove optimistic, even if January’s inflation jump was just a blip—something that investors will find out over the next four months, Despite last month’s disappointing retail reading, gross domestic product is on track for a 3% annual growth rate in the first quarter, the labor market continues to add jobs, and unemployment is below 4%
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