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The Fed's next decision is its most important in recent memory — and the future of the stock market is at stake
The Federal Reserve is set to announce its next interest-rate-hike decision on Wednesday, and the stakes have rarely been higher. A big part of that stems from the turbulence that has rocked the stock market in recent weeks. With major US indexes already in correction territory, one wrong step could open the floodgates for more selling. As a result, the Fed finds itself in a difficult situation. If the central bank signals too much future monetary tightening for the market's tastes, the 10-year bull market could meet its demise. And if the Fed adopts a more dovish tone than expected, there will be speculation that it ... (full story)
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