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Market Impact: 0.75
I Can Almost Guarantee You Just Missed the Most Important Number in Fed Chair Kevin Warsh's and the FOMC's Interest Rate Decision
Source: Nasdaq
Monetary PolicyInterest Rates & YieldsMarket Technicals & Flows
Kevin Warsh and the FOMC raised the federal funds target rate by 25 basis points on Sept. 16. The hawkish policy move pushed Wall Street's major equity indexes lower, signaling tighter financial conditions and a risk-off market reaction.
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