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Volatility returned to Wall Street in April and the start to May hasnât been great, after a solid first quarter that saw all three major indexes hitting record highs. Rising inflation and slowing GDP have raised concerns over the economyâs future.
On May 1, the Federal Reserve left interest rates unchanged in its current range of 5.25-5.5%. Federal Reserve Chairman Jerome Powell also ruled out the chances of a rate hike in the coming months.
Rising inflation had raised fears that the...
>>> Read more: 4 Safe Bets Amid Growing Concerns Over Delay in Rate Cuts
On May 1, the Federal Reserve left interest rates unchanged in its current range of 5.25-5.5%. Federal Reserve Chairman Jerome Powell also ruled out the chances of a rate hike in the coming months.
Rising inflation had raised fears that the...
>>> Read more: 4 Safe Bets Amid Growing Concerns Over Delay in Rate Cuts
