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Rabobank moves right back to the front of the...>

FED
FED: Rabobank moves right back to the front of the pack in terms of dovish Fed
rate outlooks (they had briefly been overtaken by TD in our analysts' matrix)
with a note today: Now looking for 2 25bps cuts by end-2019, 5 more in 2020, and
1 more in 2021, bringing the Funds rate to the zero lower bound.
- Previously Rabo had not seen further cuts in 2019 but changed their view 'in
light of the recent escalation of the US-China trade conflict'.

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