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HSBC Life sees no evidence of incoming rate cuts

Lucas Cacioli
Investors expecting the Federal Reserve to soon begin cutting rates appear overly optimistic, according to HSBC Life's chief investment officer.
HSBC Life sees no evidence of incoming rate cuts

A number of asset classes have risen in value in 2023, in large part because investors have been betting that the Federal Reserve will soon move from raising rates to cutting them, a move that William Chan, CIO of HSBC Life says is not evident in the data he has seen.

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