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Bank of America-Merrill Lynch now sees FOMC.....>

FED
FED: Bank of America-Merrill Lynch now sees FOMC cutting 25bps in July with
chance of a 50bps cut; says Fed may cut two more times at next two meetings
following a possible July rate cut (Credit: Reuters).
- Prior to this, according to MNI`s Fed analyst tracker, BOAML had expected
25bps cuts in Sep, Dec, and early 2020. They did not change view in immediate
aftermath of June FOMC.

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