Published by
The Street
The Street
By Martin Baccardax The Fed will deliver perhaps its most important rate decision in decades Wednesday as markets debate the merits of tighter monetary policy into a looming domestic recession. U.S. equity futures moved firmly higher Wednesday, following on from a session which consolidated a bear market for the S&P 500, as investors looked to perhaps the most important Federal Reserve rate decision in more than a decade. Surging inflation, record-high gas prices, rising jobless claims data and a slowing domestic economy will all likely weigh on the Fed’s rate decision, scheduled for 2:00 pm E…
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