Fed Rates Could Have a Dire Effect on Stocks? Why?

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U.S. stocks closed lower amidst concerns over increasing labor costs and declining consumer confidence. The market anticipates a hawkish stance from Fed Chair Jerome Powell, further pressuring stocks. ETO Markets ♦️Strictly licensed & regulated ♦️Global leading trading platforms ♦️Well-established social trading network ♦️Excellent trading service To learn more about ETO Markets: https://www.etomarkets.com/ For more updates, follow us on: - LinkedIn: https://www.linkedin.com/company/etom... - Facebook: https://www.facebook.com/ETOMarketsOfficial/ - Twitter: https://twitter.com/EtoMarkets