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Fed will rise by 75 is ok just be prepared for the worse or once fed lower or maintain stocks will ris e

Federal Reserve Chairman Jerome Powell is scheduled to testify before Congress on 7th and 8th March. Powell on Tuesday cautioned that interest rates are likely to head higher than central bank policymakers had expected. The stock market plunged after his speech. Some investors argue that the market is over-reacting. --------- [Topic] How do you interpret Powell's testimony? How do you expect Powell's testimony tonight? How will the testimony affect rate hike expectations?

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JamesWalton
2022-10-28
JamesWalton
But it seems that in the current economic environment, people will choose to reduce consumption, and sportswear is a major commodity that people will reduce consumption.

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