Market Intelligence Legacy

Marine stocks sink on eve of Miami as Fed fails to lower rates

> , By 2024-02-14T14:27:00

Stock market

Dealers have been struggling with rising interest rates since mid-summer 2023

The US Federal Reserve’s indication that interest rate cuts won’t be coming much before March, if at all, sent recreational marine stocks sinking Tuesday, on the eve of the Miami International Boat Show (MIBS), one of the largest in the States.

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