Stocks end higher after Fed signals slower rate hike pace

• November 23, 2022
• realestatelife
• Announcements, Business & Markets, Fed, Interest Rates, Politics & Economy, Real Estate, Real Estate Finance, Recession, Your Real Estate Life

All three of the major U.S. averages rose on Wednesday after the minutes of the Federal Reserve’s October meeting showed policymakers foresee a slowing of future rate hikes. Consumer discretionary names led the gains while energy lagged after oil fell 3.7% to $77.94 per barrel.