These stocks worked the last time the Fed started hiking rates and Wall Street likes them now

These stocks worked the last time the Fed started hiking rates and Wall Street likes them now

Nvidia headquarters in Santa Clara, California, on Tuesday, Feb. 23, 2021.

David Paul Morris | Bloomberg | Getty Images

On Wednesday, the Federal Reserve is likely to set the stage for several interest rate hikes next year. If history is any guide, some stocks perform better than others when the central bank decides to tighten policy.

Original news source Credit: www.cnbc.com



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