Don’t expect Federal Reserve Chair Jerome Powell to say anything to bolster the market’s rising expectations for interest-rate cuts as soon as next March, economists said Thursday.
Powell is likely to “lean against against the notion that there are cuts imminent,” said Jonathan Millar, senior U.S. economist at Barclays in New York.
Hopes for…
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Subscribe Now
Already a subscriber?
Log In
Read the full article here
