Fed Holds Rates Steady, Wells Fargo Sees Market Momentum Continuing Despite Possible Near-Term Volatility
- Federal Reserve held interest rates steady between 5.25-5.50% as expected
- Wells Fargo expert doesn't see Fed decision derailing overall market momentum
- Expects some short-term moderation in market gains going forward
- Anticipates a small market pullback in coming months, offering buying opportunities
- Market conditions ripe for events to spur volatility