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11.16.23
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Dollar slips as U.S. jobless claims boost Fed rate cut bets

“The challenge here is how we reconcile the view of a soft landing with rapid and significant rate cuts in 2024? My view would be that at this point, markets are moving too fast ... and as a result, the U.S. dollar could outperform relative to expectations in early 2024." Corpay’s Karl Schamotta Reuters: Dollar slips as U.S. jobless claims boost Fed rate cut bets