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Powell's mixed signals and Pacwest weigh on US indices - May 4, 2023
Episode 179
Published 3 years, 5 months ago
Description
The Fed raised rates yesterday and softened its stance. The market is having trouble seeing things clearly due to Jerome Powell sending mixed signals in his speech. Investors are also reeling from the latest episode in the banking crisis, and it’s reflected in futures today, which were in the red.
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