Stocks are making a run for record territory. Will the Fed end its rate hikes anyway?
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Stocks have been closing in on record territory, which isn’t supposed to be a key worry of the Federal Reserve.
But after a dizzying three years of pandemic extremes, the stock rally has become a source of market angst, right as the Fed attempts a final chapter in its epic rate hiking saga.
“There is still a lot of money floating around that’s still in the economy,” said…
This story from marketwatch.com was posted on 2023-07-24 by @moonwhisper.