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Friday, November 15, 2024

The Fed’s aware it risks hiking interest rates too fast – so there’s less need to worry about a recession, Goldman Sachs says

Investors should fret less about a potential US recession after the Federal Reserve’s latest meeting, Goldman Sachs strategists believe. The US central bank hiked interest rates by an outsized 75 basis points for a fourth time in a row on Wednesday, but chair Jerome Powell appeared to signal its …

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