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Friday, November 15, 2024

The Fed can’t give the stock market what it wants because its aggressive rate hikes have made little progress cooling the job market

The stock market wants clarity from the Federal Reserve’s future interest rate hiking plans, but investors aren’t going to get that anytime soon, according to DataTrek Research co-founder Nicholas Colas. That’s because despite the Fed’s cadence of aggressive interest rate hikes so far this year, it …

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