Wall Street in red despite soft Fed talks and jobless claims.

on Apr 21, 2023 07:11:AM

Wall Street Futures were under stress early Thursday European session on the concern of higher terminal rates for longer. Fed’s Bullard hinted at another +75 bps rate hike with no assurance for any pivot, while the market is now discounting another +25 bps rate hike on 3rd May and then a pause followed by 1-2 […]