Investor Michael Farr: Why Wall Street should not be hoping for rate cuts

Investor Michael Farr: Why Wall Street should not be hoping for rate cuts

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Federal Reserve Board Chair Jerome Powell holds a news conference after the Fed raised interest rates by a quarter of a percentage point following a two-day meeting of the Federal Open Market Committee (FOMC) on interest rate policy in Washington, March 22, 2023. Wall Street is desperate for the…

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