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08.06.2023: Wall Street trading sideways weighing risks of another rate hike.
Sentiment on Wall Street is obscure due to the signs of easing inflationary pressure and the cooling labor market. Still, it is not enough for a clear-cut sentiment as investors are confused because dovish comments from Fed’s policymakers confront hawkish policy moves of the Reserve Bank of Australia and the Bank of Canada taken this week. All in all, the outlook for the Fed’s decision is overshadowed.
2023-06-08 19:46
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