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Stocks gained Wednesday after the Federal Reserve left interest rates unchanged as it awaits more evidence higher rates are taming inflation.
US stocks are outperforming EU stocks for nearly 15 years. If you think this is the time to jump back in - you might wish to reconsider and wait a while longer.
USD/JPY has risen sharply this year, but it may soon begin to correct lower on signs that Fed hawkishness has peaked amid rapidly slowing U.S. economic activity.