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Why Markets Shouldn’t Get Comfortable With Fed’s Rate-Hike Pause
Posted
June 15, 2023
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1,862
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June 15, 2023
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1:04Now PlayingAfter 15months of consecutive ratehikes, Federal Reserve officials finally brought their antiinflation campaign to a halt. The respite, however, is almost certain to be temporary. In his postmeeting press conference, Fed Chair Jerome Powell said nearly all Fed officials expect there will be a need to raise interest rates “somewhat further” in 2023 to bring down inflation. Here’s everything you need to know about the latest monetary policy decision. Presented by @cmegroup
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