Over 23% of traders now expect interest rate cut at next FOMC meeting
The number of traders expecting a rate cut at the March Federal Open Market Committee meeting rose following fears of a hawkish Fed nominee.
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JPMorgan beat earnings expectations amid record market revenue, but a downbeat outlook for net interest income hurt the stock.
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The number of traders expecting a rate cut at the March Federal Open Market Committee meeting rose following fears of a hawkish Fed nominee.
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