Judging from pre market movement, it seems like the Wall Street is trying to put aside Powell’s comment on inflation is lacking progress in moving towards their 2% target.
Is the Wall Street ignoring the risk of keeping interest rate elevated throughout the year?
On the other hand, in the Main Street, some businesses are feeling the impact of a high interest rate environment and forecasting a potential weak market outlook (Starbucks, Netflix, eBay, Etsy)
Mismatch in e...

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