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OverviewAPI
Central banks' upcoming meetings are expected to impact market optimism for rate cuts, with key developments including the U.S. consumer price report and the COP28 climate summit. Goldman Sachs has brought forward its call for rate cuts to start in the third quarter of next year, with 95 basis points of easing pencilled in for 2024. The European Central Bank's bond yields have fallen significantly, leading to expectations of interest rate cuts, while the Swiss National Bank is anticipated to make its first rate cut in September.

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