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Wall Street gets reality check as Powell saps fast rate-cut bets
Jerome Powell pushes back on hopes of a March rate cut, showing confidence in the central bank's ability to control post-pandemic inflation surge. The S&P 500 tumbles and traders dial back bets on a March rate cut.
Jerome Powell pushes back on hopes of a March rate cut, showing confidence in the central bank's ability to control post-pandemic inflation surge. The S&P 500 tumbles and traders dial back bets on a March rate cut. 
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