Archive for December 4th, 2024

New Overnight Developments Abroad - Daily Update

Fed Rate Cut Hopes and Several Economic Data Releases

December 4, 2024

By a three to oneĀ  margin, financial markets anticipate a 25-basis point interest rate cut from the Fed later this month, compared to a minority view that officials may choose not to ease at this time. Several U.S. data releases occurred this Friday: ADP estimates that 146k private-sector jobs were created in November, which is […] More

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