Tag: undone

How Wall Street’s hopes for multiple Fed rate cuts this year came undone

Federal Reserve officials are scheduled to gather Tuesday and Wednesday as market-based expectations for 2024 rate cuts diminish. – MarketWatch photo illustration/iStockphoto It was perhaps one of the biggest and most important trading theses for investors at the start of 2024, contributing to a mostly upbeat view that helped propel large-cap and tech-heavy U.S. stock […]