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Stocks' best assumptions about interest rates dashed after March CPI release
Not only are the number of rate cuts diminishing in the bank's forecast, but Larry Summers warns that the odds of another rate hike have risen after March's CPI.
Tag: hike
Today in Stocks: U.S. Stock Indices Climb as Bauer Confirms Rate Cut Ahead of Employment Report Announcement
With the March jobs report due tomorrow, investors are looking for further signals on whether the Fed will cut rates in June.
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