Persistent strength in the economy has wrong-footed bets that the Fed will make large rate cuts this year, potentially undermining a key element of support for the 2023 stock rally
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For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.Economy’s resilience has consistently surprised investorsThe Federal Reserve is widely expected to leave interest rates unchanged at its June meeting, but its moves for the rest of the year are under heavy debate.
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