Market Now Expects Fed Interest Rate Cuts In The Second Half Of 2023, But That Could Be Bad News For Stocks
The consensus outlook for interest rates has shifted dramatically in the last month thanks in large part to the failures of U.S. banks SVB Financial Group, Signature Bank SBNY and Silvergate Capital Corp SI, as well as the emergency takeover of Credit Suisse Group AG CS by UBS Group AG UBS. What…
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