The market is terrible at predicting Federal Reserve interest-rate moves, chart shows

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The market is terrible at predicting Federal Reserve interest-rate moves, chart shows
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After an ugly May, the stock market is on track for its best weekly gain since November of 2018, at least partly on the back of hope that the Federal Reserve will soon reduce interest rates to help buoy an economy being buffeted by a tariff battle and sluggish global growth.

 

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