Powell Signals Peak Interest Rates, Foresees Cuts In 2024: Markets Rally, Traders Extend Lower Rate Bets

By Piero Cingari

The Federal Reserve decided to leave its policy interest rate unchanged at its last meeting of 2023 Wednesday, as largely expected by market participants, with Fed Chair Jerome Powell acknowledging the current interest rate is "likely at or near the peak of this t

You are viewing a robot-friendly page.Click hereto reload in standard format.