HomeNewsOpinionThe disconnect between the reaction of Fed Funds market and US equities after Powell’s speech

The disconnect between the reaction of Fed Funds market and US equities after Powell’s speech

Manas Chakravarty • August 26, 2024 / 09:02 IST

While the probabilities for the Fed Funds rate have barely budged, the US equity market rallied hard after the Fed chief’s Jackson Hole speech

Perhaps the biggest comfort for the equity market is that the US Fed has always rushed to its rescue whenever it wobbled

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