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

This is why investors shrugged off Powell’s ‘reset’ of Fed rate-cut expectations
By: market watch Posted On: April 16, 2024 View: 7

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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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