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Stocks fall, bond yields tumble after Fed's latest rate hike

Summary by The Journal Record
Stocks fell sharply Wednesday after the Federal Reserve indicated the end may be near for its economy-crunching hikes to interest rates, but it also doesn’t expect to cut rates anytime soon despite Wall Street’s hopes.

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Bias Distribution

  • 51% of the sources lean Left
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Associated Press News broke the news in United States on Wednesday, March 22, 2023.
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