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    • Fed Puts Rate Cuts on Backburner, but Hikes Unlikely

      The Conference Board· 3 days ago

      Chair Powell said that the Fed is prepared to keep rates higher for longer to confront the sticky inflation rates seen in early 2024, but that additional rate hikes were unlikely ...

    • US Dollar declines following Powell's presser

      US Dollar declines following Powell's presser

      The Forex Market· 2 days ago

      Jerome Powell pointed out that the progress on inflation stagnated but that it was on track to the 2% target. The US Dollar Index (DXY) tumbled to 105.45...

    • Fed Puts the Market's Mind at Ease About Hikes

      Fed Puts the Market's Mind at Ease About Hikes

      TheStreet.com· 2 days ago

      * The stock market sighs in relief as Powell signals rate hikes are off the table. The message of the Fed’s latest policy statement is out and Fed Chair...