The Fed expected to raise interest rates

Investors have surprisingly remained optimistic on the days that the Fed has raised interest rates, despite concerns about an oncoming recession.

It was widely anticipated that the central bank would increase interest rates last week by another 0.75 percentage point.

About 70% of the US economy is made up of consumer expenditure, which has slowed to an inflation-adjusted 1.4% and decreased spending on goods.

The economy is showing indications of improvement after growing at a moderate 2.6% in the third quarter following two quarters of downturn.

After two quarters of negative GDP growth, the job market is still strong, and controlling inflation have helped to boost consumer expenditure.

These signals may boost stock prices

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