- The Fed may cut rates again as early as next week. - The labor market is losing momentum, which justifies the December easing. - The Fed's balance sheet is stabilizing – QT is over, but this is not QE.
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BlackRock:
- The Fed may cut rates again as early as next week.
- The labor market is losing momentum, which justifies the December easing.
- The Fed's balance sheet is stabilizing – QT is over, but this is not QE.