Wall Street ends higher as Fed signals dovish bias; jobs report eyed
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What if the Fed doesn’t cut?
May 2, 2024 9:27 AM EDTWith constant talk regarding potential rate cuts, and the Federal Reserve leaving rates unchanged, analysts at UBS assessed what happens if the Fed doesn't cut, in a note this week.
The firm's risk-on positioning has been informed by the premise that if central banks are cutting rates into an... More
