Wednesday, December 13, 2023

Bulls all charged up as Fed signals rate cuts earlier than expected

Bulls all charged up as Fed signals rate cuts earlier than expected So far, the Fed had been maintaining that rates could remain higher for longer because it was not convinced that inflation was fully under control.

from Moneycontrol Market Outlook https://ift.tt/6fAdNvx

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...