Markets close out the week lower, as investors brace themselves for more rate hikes next year

Markets close out the week lower, as investors brace themselves for more rate hikes next year

The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022.

Joshua Roberts | Reuters

It was a tale of two halves this week, with stocks rising at the start of the week before reversing course Wednesday afternoon on hawkish sentiment from the Federal Reserve.

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