This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.
Updated June 17, 2022 8:22 am ET / Original June 17, 2022 6:15 am ET
- Order Reprints
- Print Article
The Federal Reserve’s aggressive interest rate increases can only last so long. The stock market could experience some relief soon enough.
Right now, the Fed is ratcheting rates higher. The central bank announced Wednesday that it is lifting the federal-funds rate by three quarters of a percentage point, and projected that it will move the rate up to 3.75% by the end of 2023. It’s trying to slow down inflation that has remained high.