Fed policy pivots are taking longer than expected

EVEN as traders bring forward the expected timing of the Federal Reserve’s (Fed) first interest rate cut, the gap since the US central bank’s last hike will probably be one of the longest on record.

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John Silvia ,Joe Lavorgna ,Jamie Mcgeever ,Reuters ,Federal Reserve ,Dynamic Economic ,Great Moderation ,Financial Crisis ,Securities America ,Banking ,Monetary Policy ,Interest Rate ,