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EconomyReported

Analysts Weigh Possible New Federal Reserve Tightening Cycle

CNBC reports the Fed's recent rate increase, its first in three years, could weigh on stocks in the near term.

· 1 min read · language: en

The Federal Reserve raised its overnight interest rate last week for the first time in three years, according to CNBC.

The move could signal the start of a new tightening cycle and may pose near-term risks for stocks, CNBC reported.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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