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Fed concerns aren’t over for the market yet

  • Trade issues will hang over the markets, but focus will quickly move back to the Fed and Chairman Jerome Powell when he speaks before Congress on the economy Wednesday.
  • Stocks rallied on Powell's comments in the past week and markets began to price in a lower number of Fed rate hikes.
  • The economy will also be of big interest, with Friday's jobs report and other data potentially revealing whether traders were correct in worrying about whether the Fed's forecast for four more rate hikes is too aggressive.

OTHER NEWS

Thận trọng với nguy cơ trở thành thị trường xuất khẩu hàng thừa của Trung Quốc

7/09/2019, 9:54 AM

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China’s Weapons of Trade War

3/03/2018, 11:19 AM

China exports more to the US than the US exports to China, and that makes Donald Trump furious. But with the Communist Party’s 19th Congress set to take place in Beijing this year, Chinese leaders are unlikely to yield to US pressure.

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