Wall St Week Ahead: Last Fed hike tends to aid stocks, but some have doubts this time

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By Lewis Krauskopf NEW YORK (Reuters) – The end of the Federal Reserve’s rate hiking cycle has generally been a good time to own U.S. stocks, but an uncertain economic outlook and stretched valuations could dampen upside this time around. After raising borrowing costs by 525 basis points since March 2022, the U.S. central bank is widely expected to keep rates unchanged at the conclusion of its meeting next week. Many investors believe that policymakers are unlikely to raise rates any further, bringing an end to the central bank’s most aggressive monetary policy tightening cycle in decades. If …

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