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0.000139053048737967 -0.000573593826044707 -0.000990752972259004 -0.000834318292428593 -0.000521448932767969 -0.00321560175206845 -0.00382395884029765 -0.00382395884029765
Stock impact report

'Fed's balancing act is getting trickier': Wall Street strategists reassess central bank's rate cut path [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
But the central bank's cautious tone — especially from Chair Jerome Powell at his press conference following the Fed's meeting — is pushing Wall Street to reassess the timeline for rate cuts from the central bank. Strategists say the Fed's latest messaging suggests policymakers are increasingly reluctant to commit to a clear easing timeline as the geopolitical shock of war ripples through energy markets and inflation expectations. What had previously been seen as likely to be a gradual pivot toward rate cuts is now being reframed as a prolonged pause — and in some cases a potential return to tightening if price pressures reaccelerate. "The Fed's balancing act is getting trickier," JoAnne Bianco, senior investment strategist at BondBloxx, said. In a reflection of that uncertainty, Powell said to reporters in a press conference on Wednesday, "People mentioned if we were ever going to skip a [ Summary of Economic Projections , or "dot plot"], this would be a good one." Read mor Show less Read more
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