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The Fed Is Impotent And Done Raising Rates
Source: seekingalpha.com
Monetary PolicyInterest Rates & YieldsInflationEnergy Markets & Prices
The Fed held rates steady, while fuel prices remain the main inflation driver and are described as beyond monetary control. The author expects no near-term rate hike, with disinflation potentially coming from higher long-term yields and slowing capex, particularly in tech.
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