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Powell rules out March rate cut as markets adjust expectations

Powell rules out March rate cut as markets adjust expectations

2024/01/31 21:44

Fed Chairman Powell made it clear in his press conference that there would be no rate cut in March, and the market then adjusted its expectations for a rate cut. This article analyses the factors affecting the timing of the first rate cut and when the pace of tapering will begin to slow.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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