Why Investors Care About the Fed (and Rate Hikes)

There’s a standing appointment on many investors’ calendars eight Wednesdays a year. That’s when the Federal Open Market Committee releases a statement about its two-day meetings that fall every six weeks or so. In Wall Street talk, “it’s FOMC time.” On Wednesday, Federal Reserve policymakers voted to raise interest rates by 25 basis points, to a…

from NerdWallet


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