waiting for a signal from the Fed
The main stock indexes on Wall Street continued to extend their climbing streak, while US 10-year Treasury yields also increased as investors braced for speeches by at least nine officials. Federal Reserve (Fed) officials this week, including Fed Chairman Jerome Powell on November 9.
According to CME FedWatch, traders are discounting a 90% chance that the Fed will leave interest rates unchanged at its December meeting.
According to CME FedWatch, traders are discounting a 90% chance that the Fed will leave interest rates unchanged at its December meeting.
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