Two Blokes

Market bets on a more dovish Fed as Trump eyes Powell's replacement

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    Posted by Two Blokes Jun 26 - Filed in General - #TwoBlokesTrading  - 2 views
    The gulf between where the Federal Reserve projects interest rates will be by the end of 2026 and the more aggressive cutting financial markets expect by then is partly due to the expectation that U.S. central bank chief Jerome Powell will be replaced by somebody more dovish next year, investors said.