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Fed Chair Jerome Powell is expected to sign a 25 basis points increase in interest rates on Wednesday and Ironside Macroeconomics’ director of research says the U.S. stocks could rally on the big announcement. Knapp’s remarks on CNBC’s ‘The Exchange’ According to Barry Knapp, the rate hike is priced into the S&P 500 index that’s […] The post U.S. stocks could rally out of Fed’s rate meeting on Wednesday appeared first on Invezz.
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