Tag: FOMC minutes

Confidence in Fed Helps Spark Market Rally – Weekly Update

May 31, 2022 | By Steven DiGregorio

A Good Week The stock market staged a broad rally last week, ignited by the release of minutes from the May’s Federal Open Market Committee (FOMC) meeting. The meeting notes eased concerns that the Fed might pursue a more aggressive monetary tightening stance than the Street had anticipated. Investor sentiment rose owing to solid earnings […] READ MORE