<p>The Fed hiked rates by 25bp to 5.25 – 5.50% as widely anticipated. We make no changes to our Fed call, and still think this was the final hike of the cycle. Powell’s tone was bala
Latest data released by Markit/CIPS – 5 May 2020 – Composite PMI 13.8 vs 12.9 prelim See here for global coronavirus case data The preliminary report can be found . Slightly better final r
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