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Market Impact: 0.4
Wall Street Lunch: A Hawkish Hold
Source: seekingalpha.com
Monetary PolicyInterest Rates & YieldsInflationEconomic Data
The Federal Reserve held its policy rate at 3.75%-4%, while the FOMC described economic growth as “strong” and inflation as “elevated.” The statement emphasized a data-dependent approach to future rate moves and signaled a hawkish stance.
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