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Analysis-Fed's hawkish stance spooks investors, though some say peak rates near

The Federal Reserve’s plans for a prolonged period of elevated interest rates could continue pressuring stocks and bonds in coming months, though some investors doubt the central bank will stick to its guns. The U.S. central bank left interest rates unchanged on Wednesday, in line with market expectations. Broadly speaking, higher rates for longer could be an unwelcome turn of events for stocks and bonds.
United States John Madziyire Davide Barbuscia Gennadiy Goldberg Lewis Krauskopf David Norris
Source: yahoo.com

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