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    HomeNewsOpinionThe markets do not believe the Fed

    The markets do not believe the Fed

    The markets not only believe that the peak in the Fed Funds rate has been achieved, but also that the central bank will be forced to cut rates soon, in sharp contradiction to Jerome Powell’s statement that rate cuts were not being considered

    Manas Chakravarty
    March 27, 2023 / 12:50 IST
    US Fed chair Jerome Powell.
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