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Back Fundamental analysis
The Euro Accepts Its Fate
Fear often magnifies risks. The December
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Fear often magnifies risks. The December FOMC forecast suggests two rate cuts of 25 basis points each in 2025, but nervous investors have interpreted this as the end of the Federal Reserve's monetary easing cycle. As a result, U.S. Treasury yields surged at their fastest pace since 2013, and EUR/USD plunged to a two-year low. Has monetary easing come to an end?The futures market assigns a 91% probability that the federal funds rate will remain at 4.5% in January and
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Marek Petkovich,
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