Taking investors by surprise, the Fed chair confirmed that interest-rate cuts are likely to happen next year.
However, later in the day, the Bank of England and the European Central Bank played the Debbie Downers. The BoE kept its rates unchanged and said interest rates needed to stay high for ‘an …
© MarketScreener.com 2023
However, later in the day, the Bank of England and the European Central Bank played the Debbie Downers. The BoE kept its rates unchanged and said interest rates needed to stay high for ‘an …
© MarketScreener.com 2023