Stocks rise as Fed formally pauses interest rate hikes amid economic worries

on Jan30
by | Comments Off on Stocks rise as Fed formally pauses interest rate hikes amid economic worries |

The Federal Reserve’s pause in interest rate hikes formally began Wednesday as it expressed new concerns about the strength of the U.S. economy.

The question now is how long the pause will last amid a dearth of economic data from the partial government shutdown, slowing U.S. and global growth,…



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