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U.S. stock futures dip ahead of Fed rate decision

Por: MarketWatch Business March 22, 2023

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What’s driving markets Attention is focused on the Federal Reserve’s interest rate decision, due at 2 p.m. Eastern. Fed Chair Jerome Powell will hold a press conference half an hour later. Futures markets are pricing in an 89% probability of a 25 basis point hike to a range of 4.75% to 5%. However, that high level of conviction belies the intense uncertainty over monetary policy in recent weeks as investors have tried to gauge how the... + full article



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