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Fed Rate Hike Leaves Investors Waiting for Next Move

Guavy AI Editorial Team
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Michael Walden, William Neal Reynolds distinguished professor emeritus at N.C. State University, discussed the impact of the Federal Reserve's rate hike on the economy.

Federal Reserve Board Chairman Kevin Warsh spoke during a news conference in Washington.

According to Walden, since the Fed raised its rate, investors are now waiting for the next move. He emphasized that the effects of this decision will be felt over time and not immediately.

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