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Breakfast Bites - Wed Mar 08, 2023

Rise and shine Traderade family

Powell’s statement yesterday was quite the statement. We’re now looking at a possible 50bps hike in March and a higher terminal rate, perhaps even 6%

He’s got his second appearance in front of the House Financial Services Committee again today at 10am ET. Other important data today is the Bank of Canada’s interest rate decision at also at 10am ET.

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