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Pictet WM expects four rate cuts from Fed in 2020

Pictet Wealth Management expects four rate cuts from the Fed next year, as the bank sees lower-than-expected GDP growth in the country. “We are expecting a GDP growth of 1.3% [in the US] which puts us quite at the low end of the consensus, and it’s going to be more challenging for the US economy next year,” David Gaud, Asia…

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