Stocks remain in rally mode, with early Wednesday futures indicating a modestly higher opening. The Federal Reserve’s rate decision day is here, creating a fidgety mood until the post-meeting policy statement is released. While the market anticipates rate cuts in early 2024, doubts persist about the Fed reversing rate hikes so soon, given that inflation, though slowing, remains above the 2% target. A status quo stance from the Fed seems likely, and investors will closely scrutinize the wording of the post-meeting statement and the dot-plot curve. The key question is whether Fed Chair Jerome Po…

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