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Wall Street Backs Off Bets on Fed Rate Cuts

June 5, 2023
Wall Street Backs Off Bets on Fed Rate Cuts
Wall Street Backs Off Bets on Fed Rate Cuts

The strength in the economy has wrong-footed bets that the Fed will make large rate…
WSJ WSJ

Economy’s resilience has consistently surprised investors

By Matt Grossman

Persistent strength in the economy has wrong-footed bets that the Federal Reserve will make large interest-rate cuts this year, potentially undermining a key element of support for the 2023 stock rally.

Read Full Article Here…(wsj.com)

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