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jerome powell
Chairman of the Federal Reserve nominee Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee November 28, 2017 on Capitol Hill in Washington, DC.

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  • Markets are betting the Federal Reserve will cut interest rates as soon as early 2024.
  • But Fed Chairman Jerome Powell recently dampened hopes for cuts and left open the possibility of more hikes.
  • Other central bankers have indicated that the tightening cycle has ended.

Wall Street largely anticipates that the Federal Reserve has finished its interest rate-hiking cycle, and markets are betting central bankers will begin easing policy soon. 

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economy, Markets, Markets, jerome-powell, Fed, interest-rates, monetary-policy, policymakers, central-bank, federal-reserve, interest, rates, ing, economic-outlook, markets-outlook
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The Fed could cut interest rates as early as the first quarter of 2024. Here ar…