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Market Impact: 0.55
Canadian Stocks Slide Ahead Of Fed Decision Amid Inflation Concerns
Source: Nasdaq
Monetary PolicyInterest Rates & YieldsInflationEnergy Markets & PricesGeopolitics & WarInvestor Sentiment & Positioning
Canadian stocks moved lower Tuesday as investors positioned ahead of the U.S. Federal Reserve's interest-rate announcement the following day. Rising concerns over prolonged Middle East crude-supply disruptions lifted inflation risks and increased market bets on a further Fed rate hike, weighing on risk appetite.
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