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Investors have ditched expectations for a half-point rate raise in March, though Powell suggests a hike of that size is still on the table this year

Investors have ditched expectations for a half-point rate raise in March, though Powell suggests a hike of that size is still on the table this year

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The CME FedWatch tool showed a 0.0% probability of a 50-basis-point rate hike at the FOMC’s March 15-16 meeting. A week ago, it stood at 33.7%.

...read full article on Business Insider

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