16-04-2024 23:59 via rocketnews.com

This is why investors shrugged off Powell’s ‘reset’ of Fed rate-cut expectations

Investors largely took Federal Reserve Chair Jerome Powell’s comments on the outlook for interest rates in stride on Tuesday — a development that might have come as a surprise to some market watchers.
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[mwai_chat context=”Let’s have a discussion about this article:nnInvestors largely took Federal Reserve Chair Jerome Powell’s comments on the outlook for interest rates in stride on Tuesday — a development that mi
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