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LatAm Pre-Open June 18: The Fed Kills the Rate-Cut Dream
LatAm Pre-Open: a hawkish Fed signaled rate hikes, not cuts, sinking Wall Street and gold - but Latin America held firm, with Peru's Credicorp up 6%.
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riotimesonline.com
LatAm Pre-Open: On Fed Day, Investors Flee Tech for Banks
LatAm Pre-Open: on Fed day investors fled tech for banks - chips fell 6%, JPMorgan rose 3.7% - as 4.2% inflation killed rate-cut hopes and oil kept crashing.
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Hawkish Fed Tightens the Vise on Brazil's Rate Cuts
The US Federal Reserve held rates but signalled a tougher path under new chair Kevin Warsh, narrowing the room Brazil's central bank has to keep cutting.
