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As U.S. stock-market investors celebrate soft economic data, is bad news becoming bad news again on Wall Street?

Por: MarketWatch Business September 03, 2023

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It’s been almost nine months since the trend emerged, as softening economic data and lower inflation may mean the Federal Reserve can stop raising interest rates, said Chris Fasciano, portfolio manager at Commonwealth Financial Network. Traders in federal-funds futures, as of Friday, are pricing in an over 90% chance that the Fed will hold its policy interest rate unchanged at its September meeting, and a roughly 35% likelihood that the U.S.... + full article



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