Investors on Wednesday will be looking for signs the Federal Reserve is ready to call at least a temporary halt to further interest rate increases after it delivers what’s expected to be a 10th straight hike. But that might not be enough to give the stock market a lasting lift, market watchers warned.
“A pause and likely end of the Fed rate hiking cycle isn’t a boon to risk assets, since it’s already largely priced in across financial markets,” said Jason Draho, head of asset allocation, Americas, at UBS Global Wealth Management,...
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNN - 🏆 4. / 95 Read more »