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3 Long-Short Mutual Funds to Counter the Market Volatility - Yahoo Finance

The continuous increase in interest rates by the Federal Reserve, initially aimed at controlling high inflation, has caused uneasiness in the market, considering that inflation levels remain above the Fed's 2% target. The recent suggestion by Fed Chair Jerome Powell for another rate hike further highlights the ongoing uncertainty surrounding the monetary policy.The released meeting minutes reveal that while most participants believe another increase in the target federal funds rate is necessary, some argue against additional hikes. Since March 2022, the FOMC has raised its key interest rate 11 times, resulting in a targeted range of 5.25-5.5%, which is the highest level seen in over two decades.The Labor Department's latest report revealed that in September, the producer ...

Yahoo     Oct 13, 2023