Markets

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

Stock-market traders were in no mood for subtlety Wednesday.

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.

To be sure, Powell emphasized that the decision…

Read the full article here

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

Crypto

FTX/Alameda has unstaked over $1 billion in Solana (SOL), raising concerns about potential market impact. Despite this, SOL remains resilient, trading near $137. However,...

Copyright © 2023 Repay Down. All Rights Reserved.

Exit mobile version