The S&P 500 could retest its June low in the week ahead as equity markets endure a brutal bout of selling spurred by fears the Federal Reserve’s inflation fight may cause a recession.
A move by the U.S. central bank to lift interest rates by 75 basis points for a third straight time on Wednesday while signaling more sizable hikes was likely to renewed worries among investors that a hard landing is coming — particularly as monetary policymakers around the globe followed suit in recent…
Source link
