From Yahoo Finance:

Despite February’s inflation prints, markets are still convinced that the Federal Reserve will begin interest rate cuts in June. RBC Capital Markets Head of US Equity Strategy, Lori Calvasina, explains how economic data is pushing the Fed towards rate cuts, causing investors to lower their rate cut expectations. She highlights concerns about potential higher inflation but notes a stabilization in earning estimates, indicating a strong economy that may deter the Fed from cutting rates. While the economic narrative has changed, recession fears have subsided. For more insights and market updates, watch the full episode of Yahoo Finance Live.



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