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Are markets right in expecting an ‘immaculate disinflation’?

Por: The Hill Business February 10, 2023

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Federal Reserve Chairman Jerome Powell’s press conference following the Feb. 1 Federal Open Market Committee (FOMC) meeting was for his inability to convince the financial markets that the central bank intends to keep policy rates at elevated levels for an extended period. Stocks and bonds , and financial conditions despite a 25-basis point rate hike and promises of further FOMC rate hikes. Investors willing to bet that the Federal Reserve... + full article



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