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Retirement Weekly

When will the Fed stop raising rates?

Retirees, beware: Playing the Fed guessing game is pointless

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There’s no need to play Wall Street’s guessing game of trying to predict when the Federal Reserve will bring its rate-hike cycle to an end.

That game certainly gives the legions of Fed watchers something to do. And it certainly seems plausible that the end of a rate-hike cycle would be an opportune time to bet on equities. But there’s little hard evidence that the odds of beating the market become meaningfully higher by winning the game.