‘Perpetually optimistic’ investors worry Fed won’t cut rates three times this year
Traders are growing increasingly anxious about the possibility that they, along with Federal Reserve policy makers, have underestimated the longevity of U.S. inflation — potentially putting calls for three quarter-point interest-rate cuts this year in jeopardy.
Traders are growing increasingly anxious about the possibility that they, along with Federal Reserve policy makers, have underestimated the longevity of U.S. inflation — potentially putting calls for three quarter-point interest-rate cuts this year in jeopardy.
