Stocks rise as Fed formally pauses interest rate hikes amid economic worries



The Federal Reserve’s pause in interest rate hikes formally began Wednesday as it expressed new concerns about the strength of the U.S. economy.

The question now is how long the pause will last amid a dearth of economic data from the partial government shutdown, slowing U.S. and global growth,…



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *