Market hopes Fed's rate hikes are over (AP)

by Populux | July 30, 2006 at 01:51 pm
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NEW YORK - Wall Street managed a solid advance last week as investors grew cautiously optimistic that the Federal Reserve " /> SEARCH News | News Photos | Images | Web " /> Federal Reserve might finally be done hiking interest rates. But with so much lingering doubt about the economy and geopolitical tension, only one thing is certain: It's not over until it's over. A sharp slowdown in gross domestic product growth during the second quarter gave investors a glimmer of hope that the Fed might indeed ...
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