These 2 Dividend Payers Are Outpacing the S&P 500
The Federal Reserve raised interest rates 75 basis points last week for an unprecedented fourth time. Federal Reserve chairman Jerome Powell has indicated it's not so much what future rate increases will be, but how high and for how long they must be elevated to break inflation.
"It's very premature, in my view, to talk about pausing our rate hikes. We have a way to go," he told reporters. "And incoming data since our last meeting suggests that the ultimate level of interest rates will be higher than previously expected."
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Source Fool.com
