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Powell revives hopes of a Fed pivot. That's a bad thing

Por: CNN Business December 01, 2022

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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up . You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business  —  Federal Reserve Chair Jerome Powell made investors very happy on Wednesday. US stocks popped after the central banker gave a speech strongly indicating that the Fed would ease the historically-high pace of interest... + full article



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