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US Running Above Breakeven Employment: BofA's Caban

US Running Above Breakeven Employment: BofA's Caban
Bloomberg Markets Thursday 18 June 2026, 20:02 UTC 1 min read
Key Points

Jun 18th, 2026 US Running Above Breakeven Employment: BofA's Caban Mark Cabana, co-head of global rates research at BofA Securities, and Jamie Patton, co-head of global rates at TCW, join Scarlet Fu on "Real Yield." They discuss the Fed and Citigroup's Fed policy forecast of interest-rate cuts beginning in October, a month later than previously, based on the central bank’s revised forecasts released Wednesday in conjunction with the decision to leave rates unchanged.

Jun 18th, 2026 US Running Above Breakeven Employment: BofA's Caban Mark Cabana, co-head of global rates research at BofA Securities, and Jamie Patton, co-head of global rates at TCW, join Scarlet Fu on "Real Yield." They discuss the Fed and Citigroup's Fed policy forecast of interest-rate cuts beginning in October, a month later than previously, based on the central bank’s revised forecasts released Wednesday in conjunction with the decision to leave rates unchanged. [Image text:] Mark Cabana BOFA SECURITIES CO-HEADOF GLOBAL RATESRESEARCH Bloomberg CABANA:HARDTOIMAGINEFEDCOULDPIVOTONADIME Real Yield
US (LOCATION) BofA (ORG) Caban Jun (PERSON) US Running Above Breakeven Employment (EVENT) Caban Mark Cabana (PERSON) BofA Securities (ORG) Jamie Patton (PERSON) TCW (ORG) Scarlet Fu (PERSON) Fed (ORG) Citigroup (ORG)
Originally published by Bloomberg Markets Read original →

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