Market Commentary: Stocks and Bonds Rally as Fed Recognizes Progress on Inflation
Carson Wealth
DECEMBER 18, 2023
He once again emphasized that the risk of not doing enough to curb inflation was now balanced with the risk of holding rates too high for too long (and potentially breaking the economy in the process). Even small-cap stocks, which have been weighed down by higher rates, saw huge gains, with the Russell 2000 Index rising 3.5%.
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