Professional investors and do-it-yourselfers are sharply divided over the best way to position ahead of the central bank’s rate decision on Dec. 14.
Fed Reserve Chair Powell has history on his side as he and colleagues split with Wall Street over how long interest rates will stay high in 2023.
For some of Wall Street’s most prominent strategists it’s the prospect of future profit downgrades that’s the biggest worry for stocks.
It’s the week everyone’s been waiting for. With the release of a key measure of inflation, the Federal Reserve interest-rate decision.