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Citing "global headwinds", TD Securities say....>

FED
FED: Citing "global headwinds", TD Securities say the Fed will keep easing
rates, estimating another two this year and three more in 2020. "A stabilization
in global growth, particularly in China, would go a long way into
stemming a further deterioration in US manufacturing and capex," TD wrote,
however, the knock-on effect of tariffs to global economy is "is likely to lead
to inventory and production disruptions in Emerging Asia."

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