There’s not a lot of other macroeconomic data to distract from this week’s Federal Open Market Committee interest rate decision on Wednesday. According to the CME FedWatch Tool, there is an 88% chance of a rate hike this week. Past hike cycles have impacted the stock market, so Schwab’s Kevin Gordon takes a look at what we might learn from the past that could be applicable to this one.
Subscribe to our channel:
Check out more Insights & Education from Charles Schwab:
Connect with Charles Schwab:
Facebook:
X:
Open an account with Charles Schwab:
[WA26-0914]
source
