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Recent Articles

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Evercore: Q2 GDP, PCE data came in stronger than expected, but 'not enough to seriously challenge' expected September Fed rate cut; robust figures driven by surge of immigrant workers, strong domestic labor force participation, healthy productivity levels

Jefferies identifies geopolitical tensions in Middle East and Russia-Ukraine conflict as top market risks, especially in G7 world; outlook remains positive on equities and credit in H2, with both Fed and ECB expected to initiate rate cuts in September

Wells Fargo notes Q2 US GDP growth rate of 2.8% beat estimates, but it may be the fastest rate for foreseeable future; Citi warns against extrapolating Q2 strength to coming quarters, sees Fed cutting rates at each consecutive meeting starting September

UBS maintains view that US economy is headed for a soft landing, with inflation on downward trend and Fed poised to cut rates; market currently sees near-100% chance of September cut, with more cuts expected by year-end

JPMorgan CEO advises Fed to be patient with next interest rate move, says inflation could rise again due to increasing government spending, re-militarization of the world, extraordinary investments in green economy, restructuring of trade

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