Stocks decline after the Fed pauses and suggests higher interest rates will continue: Today’s stock market news
The Federal Reserve decided to keep interest rates unchanged on Wednesday. However, the Federal Reserve also predicted one more rate hike would occur before the next two meetings of 2023 and gave some indication that rates would continue to rise for longer. The DJI, or Dow Jones Industrial Average, finished 0.2% down. The tech-heavy Nasdaq … Read more