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[Markets] US STOCKS-Wall Street returns to positive stance after brief post-Fed wobble Wall Street's main indexes returned to positive territory in mid-afternoon trading on Wednesday after a brief wobble in the immediate aftermath of the Federal Reserve's rate announcement which had also forecast rates remaining higher for longer. At the end of its two-day meeting, the Fed lifted its policy rate by 75 basis points for the third time to a 3.00-3.25% range. Most market participants had expected such an increase, with only a 21% chance of a 100 bps rate hike seen prior to the announcement. Published:9/21/2022 2:00:33 PM
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