The major market moving news this week was the Fed's unexpectedly hawkish stance. As expected, the Fed raised the Federal Funds rate. What was unexpected was the number of rate increases implied by the median "dot-plot".
The major market moving news this week was the Fed's unexpectedly hawkish stance. As expected, the Fed raised the Federal Funds rate. What was unexpected was the number of rate increases implied by the median "dot-plot".
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