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September 01, 2020 1:28pm
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As Rates Set to Increase, U.S. Stocks Are Well Positioned

Federal Reverse chair Jerome Powell said on Wednesday that he is inclined to support a 25 basis point rate increase at the March 15-16 policy meeting. If inflation does not come down later this year as expected, Powell said the central bank is prepared to move more aggressively – balancing...
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