Regional-bank stocks fall as Fed’s Powell dims chance of March interest-rate cut

Regional-bank stocks fall as Fed’s Powell dims chance of March interest-rate cut

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U.S. regional-bank shares on Monday extended their slide from last week, as traders reacted to the latest comments from Federal Reserve Chair Jerome Powell saying the central bank is planning on waiting to cut interest rates until later this year. The SPDR Regional Banking ETF KRE was down 1.6% in…

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