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Second day of Powell's written testimony is the same as Day 1
The Fed published the second day of Powell's testimony and it's the same as the first. That's always the case, so this is no surprise.
I'll be interested to see if Powell takes an opportunity to push back on 50 bps pricing in the Q&A at all. He will surely know that the market is pricing in a 66% chance of 50 bps now.
This article was written by Adam Button at www.forexlive.com... Read More Posted: Mar 8 2023, 13:56
Author Name: forexlive
Views: 110642