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Bank of America and Wells Fargo Shares Gain on Expectations of Upcoming Rate Increase

May 29, 2023
in Trade Tube
Reading Time: 1 min read
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U.S. stocks staged a post-Yellen rally on Monday, buoyed by comments from the central bank Chair last week, saying the case for an interest rate increase ‘has strengthened in recent months,’ a sign of economic strength.

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