
For the second consecutive week, the US stock market has remained practically flat. It seems that the market is staying motionless and waiting for changes that will be brought about by policies of the newly elected US President.
Last week, market participants tried to guess policies of the US Federal Reserve System (FRS) again. Investors were disturbed by statements of two FRS representatives who voiced an opinion that the expected tax and budgetary incentive measures in the US could accelerate both an increase of central bank’s interest rates and its activities aimed at reducing the unprecedented volume of assets on the books.
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