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The last forecaster to see the Fed on hold......>

FED
FED: The last forecaster to see the Fed on hold indefinitely threw in the towel
on Friday. Scotiabank had been the only one of 27 sell-side analysts (reviewed
by MNI) that did not see cuts in 2019 (or beyond), but on July 12 altered its
forecast to expect the Fed funds target rate to fall by 75bps this year, with
the Fed on hold in 2020.

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