US Stocks Climb as Markets Wager on Benign September Fed Rate Hike

Aug 15, 2022 | EARNINGS

NEW YORK (Sputnik) – US stocks climbed again, closing up a third time in four sessions, as investors bet that the Federal Reserve’s upcoming rate hike for September will be more manageable than previously thought amid signs that softening inflation will influence the central bank to go easier on rates.

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