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Stocks open lower on Wall Street ahead of Fed news on rates

Por: The Boston Globe Business November 02, 2022

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NEW YORK — Stocks are opening modestly lower on Wall Street ahead of what traders expect will be another big interest rate increase from the Federal Reserve. The Fed is due to wrap up a two-day policy meeting later Wednesday that’s expected to produce the sixth interest rate increase of the year as the central bank fights the worst inflation in four decades. The widespread expectation is for the Fed to push through another increase that’s... + full article



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