We don’t see rate #cuts this year – that’s the old playbook when central banks #would rush to rescue the economy as recession hit.

#Given the lags in data, we might  #September, so pricing in 100 bps of #cuts from there by year-end is going to #take some real economic pain. Lately, the market is circling commercial real estate as a #catalyst and I'm #sympathetic towards that but with the 

#Chinese Tech Giants Tencent and Bytedance Plan #Cuts in Their Metaverse Divisions

Payments provider Affirm to sunset crypto #programs after 19% staff #cuts

The Chancellor will use a major speech tomorrow to insist he is serious about boosting economic #growth, despite being against tax #cuts in the March Budget.

These damaging #cuts are part of an existential threat to the #BBC

#Crypto Markets Today: #Coinbase Announces More Job #Cuts Amid Market Jitters