Will the Fed pause drive a further bull market?
Here’s what you need to know about the latest Fed meeting:
- We have a pause in interest rate hikes, for now
- Interest rates could stay high for the rest of the year
- Nevertheless, we are quite close to peak interest rates
The $SPDR S&P 500 ETF(SPY.US$ has entered a bull market after rising more than 20% from its October low.
Read more about what we are looking out for next: Fed pauses on rate hikes. Here’s what it means for T-bills and stocks
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