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Financial Market Update: Week in Review

September 6, 2022

The recent decline in U.S. stocks extended for a third consecutive week amid a continuation in hawkish comments from Fed officials. New York Fed President John Williams said Tuesday “We’re going to need to have a restrictive policy for some time; this is not something that we’re going to do for a very short period of time and then change course… It’s going to take some time before I would expect to see adjustments of rates downward.” Read more and see the market update Here.

via MainStreet Investment Advisors, LLC

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