Decoding Powell's Speech: More Than Just Lowering March Rate Cut Odds
- Feb 04, 2024, at 4:11 pm
During an early morning press conference, Federal Reserve Chair Powell dampened expectations of a rate cut in March. This announcement coincided with significant drops in all three major US stock indices, and the yield on the US 10-year Treasury dipped below 4%. Economist stated that it is more than just lowering expectation of march rate cut......