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What's the Big Idea? The Fed Can’t Fight the Market

Jun.24 -- There's a lot of talk about how the bond market usually gets the Fed wrong. But Andrew Hollenhorst, chief U.S.economist at Citigroup Inc., finds that when bond markets price in rate cuts the central bank typically delivers. With markets now expecting three rate cuts in the coming months, will this time be different? Tracy Alloway reports on "Bloomberg Daybreak: Middle East."

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