U.S. stock futures on Thursday pointed to a second straight decline after the Federal Reserve opted to close out the year with a more aggressive posture than...
U.S. stock futures on Thursday pointed to a second straight decline after the Federal Reserve opted to close out the year with a more aggressive posture than investors anticipated.
What’s driving markets Investors... U.S. stock futures on Thursday pointed to a second straight decline after the Federal Reserve opted to close out the year with a more aggressive posture than investors anticipated. What’s driving markets Investors were still focused on Wednesday’s Federal Reserve decision. Not only did the Fed’s dot plot for 2023 come in higher than forecast, Chair Jerome Powell spent his press conference pushing back on the idea the central bank will cut rates next year.“He pushed back heavily on the idea that the Fed may cut rates next year, arguing that instead the Fed are looking for an extended period of pause, citing the risks of premature loosening.
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