Peak interest rates may be lower than expected as growth slowdown looms - The Globe and Mail

The equivalent of a half-point rate hike from the Federal Reserve has been priced out over the last three weeks, putting the peak in rates at 3% next June.

Worsening economic data may force central banks to blink and take a less aggressive rate-rise stance, money markets are betting, having steadily dialed back expectations of where U.S. and British int… [+3849 chars]

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