SPDR S&P 500 (SPY): Powell was dovish on belief that inflati...

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Re: DarkPool post# 381859

Wednesday, 03/20/2024 3:30:08 PM

Wednesday, March 20, 2024 3:30:08 PM

Powell was dovish on belief that inflation would eventually come down, even though Jan data was sticky.

He (and other Feds) want to do 3 cuts, but the facts don't seem to support this thinking. This feels "majority" political to me. Oh well, such is politics in presumably independent Feds.

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