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Markets Continue Their Downward Slide as Fed Hikes

Saturday, September 24, 2022

The U.S. Fed hiked rates again this week but it was the accompanying statement that sent stocks down to their lowest level of the year on increasing fears of a hard landing. Further weighing on market sentiment was the upcoming earnings season, where many analysts fear that Q3 estimates will need to be reduced further. Let's take a closer look at what happened in markets this week.

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