Charting the Markets: Investor Relief After Fed Liftoff
The most eagerly awaited U.S. interest rate decision for many a year has been met with approval by investors. The tightening of policy was well-telegraphed. It was the accompanying message that mattered: the U.S. economy is in good shape and any rate hikes from here will be gradual. Asian and European stocks are taking their cue from the U.S. session, which saw the S&P 500 Index jump 1.5 percent.
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