Like medieval King Canute s
unsuccessful attempt to command the incoming tide to stop,
central banks attempts to push back against swelling interest
rate cut bets seem forlorn. But like. -December 20, 2023 at 02:00 am EST
- MarketScreener
By Mike Dolan LONDON (Reuters) - Like medieval King Canute's unsuccessful attempt to command the incoming tide to stop, central banks' attempts to pus.
None US stocks climbed Tuesday, with fresh Fed comments fueling hopes of rate cuts. • None Big Tech has led stocks higher over recent weeks, and the Dow Jones…
WASHINGTON: Federal Reserve (Fed) policymakers signalled on Thursday that the US central bank’s interest rate hikes are likely over, but left the door.