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Top economist El-Erian said the European Central Bank could cut rates as often or more than the Fed, which was 'unimaginable just months ago'

The discrepancy between the ECB and the Fed is having an impact on bond and currency markets.

Carter Johnson

“The bottom line is that the Fed will spend most of 2024 fighting inflation,” Apollo chief economist Torsten Slok wrote in a Friday note to...

The rating assessor cited risks to the nation’s fiscal strength and political polarization.

“It puts back on the table a hike for November,” said the chief economic adviser at Allianz.