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Warsh has increased market expectations that the U.S. Federal Reserve will hold interest rates steady in October, according to Bloomberg.
Christophe Barraud, head of discretionary management and research at LIOR Global Partners, reported the development.
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Barraud has previously noted constraints on policy measures in major economies. He highlighted that China's rising debt burden is limiting its capacity for further economic stimulus. In another recent note, he reported expectations for S&P 500 companies to achieve over 35 percent earnings growth in the third quarter.