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Market Impact: 0.8
Premarket: Wall Street futures rise as Fed rate hike lifts long-standing overhang
Source: The Globe and Mail
Monetary PolicyInterest Rates & YieldsInflationInvestor Sentiment & Positioning
U.S. stock-index futures surged Thursday after the Federal Reserve raised interest rates and reaffirmed its commitment to reducing inflation. The decision appears to have eased a major source of market uncertainty despite the tighter policy stance, supporting a risk-on response in futures.
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