Why the Fed Might Still Shock Wall Street
Like once-spurned lovers given a second chance, the bulls on Wall Street are again reveling in the warm embrace of Federal Reserve Chair Janet Yellen. Yellen and the Fed delivered a "dovish hold" on Wednesday. Not only were interest rates left unchanged, but the Fed halved its rate hike forecast for the rest of the year to just two quarter-point moves — bringing its outlook closer into alignment with where the futures market is (while apparently ignoring recent evidence that inflation is f
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