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Wall Street's rate cut dreams wane
Episode 520
Published 1 year, 10 months ago
Description
Investors find themselves yearning for a sprinkle of bad news from the U.S. economy. Why? Because a little gloom might just nudge the Federal Reserve into a more investor-friendly stance by lowering interest rates. Yet, the economy seems intent on delivering the opposite, with a steady stream of positive data pushing the prospect of rate cuts further into the distance.
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