Funny how market rallies on rate cut hopes, but if the market is going up, the fed has no reason to cut rates.
Jerome Powell: "Inflation is still too high. Further progress in bringing it down is not assured and the path forward is uncertain."
Stocks soaring on the news.
Tom
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Funny how market rallies on rate cut hopes, but if the market is going up, the fed has no reason to cut rates.
haha. Yin & Yang / Catch-22.
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