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Pictet WM: Fed will turn even more dovish

Pictet Wealth Management said the Fed is likely to deliver two rate cuts of 25 bps in the coming months in a bid to prolong the business cycle. “We believe the conditions for cutting could be met in Q4 2019. If so, another cut could come in Q1 2020,” the wealth manager said. Pictet WM added that the exact timing…

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