MARKET DAILY

Market 03/07: Signals of interest rate cuts in 2024 from Fed and ECB

Update on Fed members' attitudes toward interest rate policy. ECB keeps rates unchanged, signals rate cuts from mid-year. NYCB successfully raises capital.

Fed Chair Powell's testimony session: could cut interest rates this year.

Fed is aware of the risks of keeping rates high for a long time and will try to mitigate that risk.

Kashkari: Fed could cut interest rates twice this year.

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