S&P 500 rises at the start of big week but bearish technicals cast shadow
The S&P 500 should experience higher-than-normal volatility this week as a number of newsworthy events converge to buffet the index in both directions
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The S&P 500 should experience higher-than-normal volatility this week as a number of newsworthy events converge to buffet the index in both directions
WASHINGTON: After pausing in June, the US Federal Reserve is widely expected to hike interest rates again on Wednesday, adopting its most restrictive monetary stance for 22 years despite recent signs of slowing inflation.
Economists polled by Bloomberg said there was a 70% chance of a U.S. recession last December—now they say the odds are 58%. Other polls are even lower.
After pausing in June, the US Federal Reserve is widely expected to hike interest rates again on Wednesday, adopting its most restrictive monetary stance for 22 years despite recent signs of slowing inflation.With the first interest rate hike widely expected on Wednesday, analysts have turned their attention to what the Fed does next.
After pausing in June, the US Federal Reserve is widely expected to hike interest rates again on Wednesday, adopting its most restrictive monetary stance for 22 years despite recent signs of slowing inflation.