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Wall Street bets Powell will flinch on rate hikes once job market sours

Por: Politico Business February 01, 2023

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Federal Reserve Chair Jerome Powell is vowing to keep up the fight against inflation no matter how much pain it causes the economy. Wall Street is betting that he blinks. As Fed officials meet in Washington this week to raise borrowing costs for the eighth straight time, investors are laying overwhelming odds that the central bank will reverse course in the coming months and start slashing interest rates if the labor market begins to suffer and... + full article



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