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Stock market today: Dow rides cooling banking jitters higher; Fed decision eyed

Investing.com

Mar 22, 2023

Chief Investment Strategist, Victoria Bills, spoke with Yasin Ebrahim, CAIA, FRM of Investing.com earlier this week to share her expectations for today’s Federal Open Market Committee Meeting.


"I estimate that we will see Fed hike rates about 50 basis points [over the next two meetings]. The Fed has to make certain that it is aligned with getting to its 2% inflation target...we are very far away from it.”


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