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January 7, 2025
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CNBC: Dollar firms as solid US data suggests Fed likely to slow easing cycle

Karl Schamotta, chief market strategist, at Corpay in Toronto thinks, however, that the market is betting Trump "will ultimately implement a narrower set of tariffs on major trading partners, and is downgrading U.S. inflation and rate expectations in line with that." CNBC: Dollar firms as solid US data suggests Fed likely to slow easing cycle