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Why stock-market bulls might not celebrate for long if Fed 'pauses' rate hikes

Market Extra Last Updated: May 3, 2023 at 1:55 p.m. ET First Published: May 3, 2023 at 1:13 p.m. ET A pause is ‘already largely priced in’: strategist Will Fed Chair Jerome Powell press the ‘pause’ button on rate hikes? Mandel Bgan/Agence France-Presse/Getty Images An earlier version of this article incorrectly spelled the last name

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Market Extra

A pause is ‘already largely priced in’: strategist

Will Fed Chair Jerome Powell press the ‘pause’ button on rate hikes?

Mandel Bgan/Agence France-Presse/Getty Images

An earlier version of this article incorrectly spelled the last name of Gargi Chaudhuri. The article has been corrected.

Investors on Wednesday will be looking for signs the Federal Reserve is ready to call at least a temporary halt to further interest rate increases after it delivers what’s expected to be a 10th straight hike. But that might not be enough to give the stock market a lasting lift, market watchers warned.

“A…

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