HomeMarketsIndicesFederal Reserve Will Keep Rates Elevated

Federal Reserve Will Keep Rates Elevated

Have we seen the end of a hawkish Chairman Jerome Powell? "I think the Federal Reserve will keep interest rates at an elevated level for an extended period of time. If the labor market continues to be strong, the hikes could be higher than the market is expecting," says Cooper Howard. "Given the persistent pressure from earnings weakness and labor market tightness, stocks face more risk in the near term. Fed officials have not turned dovish," adds Kevin Gordon.

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