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Nick Timiraos and Akane Otani: Stock, Bond and Crypto Investors Call Fed’s Bluff on Interest Rates
Many are skeptical as central bank says battle against inflation isn’t over. The market’s big comeback in January is indicative of one thing: Investors don’t believe the Federal Reserve is going to keep interest rates high for long. Stock and bond prices have jumped to start the year. Particularly risky assets have run up even faster.An index
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Posted: February 2, 2023 Thursday 05:30 AM