Fed Signals Pause in Rate Hikes But July Increase Still on Table
- Barron's live coverage updates on stocks, bonds, oil, crypto current to July 5, 2023 indicate concerns over inflation and rate hikes.
- Most FOMC officials chose to pause rate increases in June; however, a potential July rate hike is still under consideration based on Fed minutes.
- Tech stocks like Microsoft and Apple slipped due to potential restrictions on cloud computing in China, while EV maker Rivian saw gains.
- Bitcoin is struggling to stay above $31,000; analysts predict future gains.
- GM delivered more vehicles overall but saw a 26% drop in EV deliveries compared to Q1 2023.
Barron's 
