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Another central bank moves up its rate cut plans, accelerating its rate reductions with a 50-bps cut. At the same time the IMF lowers growth projections and warns risks of more downside are rising. These two developments are related to the same thing. It’s becoming clearer where this weakness is coming from and that’s why the public sector is starting to become more aggressive.Video Length: 00:18:25More By This Author:
Systemically Important Central Bank Shocks Markets With 50 Bps Rate Cut
