Macroeconomics and financial markets In the US NY stock market on the 24th, the Dow continued to rise by $254 (0.8%) higher than the previous day. The Wall Street Journal also boosted the market by going one step further and reporting that “the Fed (Federal Reserve) will slow down the pace of interest rate hikes and may discuss a moratorium on rate hikes after this spring.” At the US Federal Open Market Committee (FOMC) held in December last year, the range of interest rate hikes was reduced from 0.75 points for four consecutive meetings to 0.5 points. Relation:NY Dow continues