Dovish FOMC Would See Some Traders Scrambling to Catch Up, Survey Shows
Betting on a strong dollar and higher yields could go sour if Powell signals a slower pace of rate increases down the road.
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For months, investors have been eagerly awaiting a Federal Reserve policy pivot. But now, at least for some, it might come too soon.
The latest MLIV Pulse survey suggests that if the Fed Chair Jerome Powell gives any dovish signals during this week’s press conference, he might send investors scrambling.