Why stock-market bulls can't celebrate as Fed hints at pause in rate hikes

📆 04/05/2023 03:58:00
📰 MarketWatch

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Why stock-market bulls can’t celebrate as Fed hints at pause in rate hikes.

The Federal Reserve and its leader, Chair Jerome Powell, left the door open to a halt in rate increases after delivering, as expected, a 10th straight hike that lifted the fed-funds rate to a range of 5% to 5.

25%, its highest since 2007.

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