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September 01, 2020 1:25pm
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‘We are pretty cautious’ as stocks near records, says economist after Fed raises rates to highest level in 22 years

Expect more volatility in stocks in the coming months, says James McCann, deputy chief economist at abrdn, after the Federal Reserve on Wednesday bumped up rates to a 5.25%-5.5% range and left door open to future rate hikes.
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