How High Will The Fed Raise Rates This Year

"The stock market today tends to pop after a drop. Will the Federal Reserve overdo it with interest rates this year? Will this throw the U.S. economy into a recession? What will happen to energy prices? We will see a 50 basis point rate hike in September and two more will follow this year. Jerome Powell could pivot, but will not pause," says Sam Stovall.

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29 Aug 2022

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