The Fed probably won't cut rates anytime soon. Why that's good news for markets

The Fed probably won't cut rates anytime soon. Why that's good news for markets

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Wall Street is eager to see the Federal Reserve wind down its aggressive rate-hiking cycle that’s battered markets and tested investor morale. Although a pause in interest rate hikes appears likely, cuts may be farther off than some believe. The stock market has stayed resilient this year after a…

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