Be Well: What the Federal Reserve's Rate Hike Pause Means for Economy
Marty Cantor, CPA and economic development consultant, joined Cheddar News to talk about what the Federal Reserve's decision to pause rate hikes after 10 consecutive increases means for the economy. "I definitely believe there's going to be rate hikes. My thinking is it will probably go up in July," he said.
Stocks were mixed at the open but Wall Street was heading for a losing week as investors digested the hints that the Federal Reserve could raise rates before the end of the year.