Wall Street stocks pick up on Thursday in a sign the stock market sees the Federal Reserve’s campaign of raising interest rates as ending soon. – EPA pic, June 16, 2023.
WALL Street stocks rallied yesterday, in a sign that the stock market sees the Federal Reserve’s campaign of raising interest rates as ending soon. All three major indices jumped more than 1%, a day after the Fed kept rates unchanged but signalled it expects further hikes in 2023. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!