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Stock Market’s Newfound Optimism Faces Test as Fed Meets

The New York Times – Business:

Recent stock gains have been driven by hope that a rate-raising cycle is close to ending. If investors decide they were wrong about this, a drop could follow.

Joe Rennison
Author: Joe Rennison

This post first appeared in The New York Times – Business. Read the original article.

Written by

Joe Rennison

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Federal Reserve System, Inflation (Economics), Interest Rates, Powell, Jerome H, Standard & Poor’s 500-Stock Index, Stocks and Bonds, United States Economy
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