The Fed just gave a veiled warning to investors: Expect more stocks pain if markets keep betting on rate cuts

Jan 5 2023 by Business Insider

 
Federal Reserve chair Jerome Powell speaking at a news conference in July 2022. The central bank has warned that there could be further pain ahead for stocks if investors start betting it will cut interest rates later this year.

Elizabeth Frantz/Reuters

Markets will suffer if investors carry on expecting rate cuts, according to the latest Federal Reserve minutes. Bets on a Fed pivot "would complicate the committee's efforts to restore price stability," the minutes read. Some strategists...
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