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SEB: Market expectations for Fed interest rate cuts may be too aggressive

According to the Internet, Jussi Hiljanen, chief strategist at SEB Research, said in a report that the money market is currently pricing the Federal Reserve will cut interest rates by more than 100 basis points by the end of 2026, which may be too aggressive considering inflation risks. He said that if the Fed does meet these market expectations, it could pave the way for the 10-year Treasury yield to fall to 3.8% next year. (Jin Shi)

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