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StoneX's Kathryn Rooney Vera believes that investors are prematurely optimistic about rate cuts. But according to StoneX's Kathryn Rooney Vera, investors may be getting a little too far ahead of themselves. In fact, Rooney Vera believes that the US's economy, labor market, and consumer activity are currently too robust to even consider easier monetary policy. Rooney Vera also believes that the central bank is unlikely to cut rates in a knee-jerk reaction as soon as unemployment begins to rise. This might seem counterintuitive, but timing is everything, Rooney Vera said.
Persons: StoneX's Kathryn Rooney Vera, Rooney Vera, — Rooney Vera, catchup, that's Organizations: Federal Locations: Brazil
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