Fed overdelivers, will ECB and BoE follow?

By Craig Erlam   The most hotly anticipated central bank meeting of the year did not disappoint on Wednesday, with the Federal Reserve potentially delivering this year’s Santa rally. I don’t think many

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Markets heed hawkish Fed

By Han Tan, Chief Market Analyst at Exinity Group   Risk sentiment was forced to turn lower as the Federal Reserve delivered its higher-for-longer messaging to markets, projecting fewer-than-anticipated rate cuts for 2024.

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