US GDP moves higher

Apr 26, 2024 | Currency, Economy, Money Market

The US GDP report released overnight could be described as anti-Goldilocks, with both weaker growth and higher inflation than expected, says BNZ Markets this morning. The rates market was more focused on the latter than the former, seeing a further paring of US rate cut expectations, sending yields higher, comments Jason Wong, senior markets strategist. […]

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US GDP moves higher

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