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Central Banks' Rate Cut Projections
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Bank of Canada and Federal Reserve officials indicate potential interest rate cuts in the upcoming year to address inflation concerns and maintain price stability. While Bank of Canada Governor Macklem predicts a challenging first half of 2024 due to higher interest rates, Fed Officials suggest the possibility of rate cuts to prevent overtightening and maintain price stability.
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How do the actions of central banks influence investor sentiment and market volatility?
How might the potential interest rate cuts impact global financial markets and currency exchange rates?
What are the potential consequences of the central banks' decisions on inflation and labor market stability?
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