Fed reportedly raises rates for the first time since 2023
WION reports the hike alongside warnings about stretched stock valuations. A separate market roundup links a hawkish Fed to a seven-week high for the dollar.
TLDR
WION’s September 17 business roundup reports the Federal Reserve’s first rate hike since 2023 and highlights warnings about stretched stock valuations. A separate market-headlines post links a hawkish Fed to a seven-week dollar high and says Asian stocks ticked higher as markets weighed further Fed hikes.
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