Stocks rally after Fed chair signals slowdown in rate hikes

Stocks rally after Fed chair signals slowdown in rate hikes

By DAMIAN J. TROISE and ALEX VEIGA | AP Business Writers
Wall Street closed out a solid November with a broad market rally Wednesday after the head of the Federal Reserve said the central bank could soon begin easing up on its aggressive interest rate increases aimed at taming inflation.
Fed Chair Jerome Powell, speaking at the Brookings Institution, reaffirmed that the central bank could begin…

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