Cow Moo-ney commented on a stock · Apr 3 21:13

More data

Powell once again said he needs more data to show inflation is continuing its decline, before he’s able to cut rates. What’s new right?

Meanwhile, the market expectation of a rate cut in June has fallen from 70% to 60%+.

Honestly, Fed does have the room to wait a while more given that the economy and labour market are so strong. Nothing appears to be breaking, yet.

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Cow Moo-ney

Successful investing is about managing risk, not avoiding it. DYODD Support my YouTube channel: Jay el

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