The Federal Reserve Is Likely To Hike, But A U-Turn Is Near

The Federal Reserve Is Likely To Hike, But A U-Turn Is Near

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The Federal Reserve appears likely to hike its key interest rate a quarter point on Wednesday, keeping up its battle against inflation as the banking panic subsides. Yet ongoing concerns about bank health have upended policymakers' plan to hold interest rates higher for longer. The S&P 500 rose in…

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