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Shares of Several Banks and Financial Services Companies Are Trading Lower Amid Overall Market Weakness as Investors Anticipate July's Fed Minutes, Which May Offer Insight Into the Pace of Potential Interest Rate Hikes in the Future. Monetary Policy Tight

Benzinga ·  Aug 17, 2022 11:50
Shares of several banks and financial services companies are trading lower amid overall market weakness as investors anticipate July's Fed Minutes, which may offer insight into the pace of potential interest rate hikes in the future. Monetary policy tightening has weighed on equities throughout the year as market participants evaluate inflation and overall economic concerns.
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