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Barchart
Barchart
Darin Newsom

What Was "In" Market Discussions Friday Morning?

  • Support for US Fed Chairman Powell and the independence of the US Federal Reserve has been nearly unanimous.
  • The Fed fund futures forward curve continues to show the next rate coming at the conclusion of the June FOMC meeting, the first meeting following the end of Powell's term as Chairman.
  • The commodity complex was mostly in the green to start the day, with the Energies sector awaiting the next social media post by the US president. 
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