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Market Impact: 0.65
Fed hike strengthens the case for the front end of the US yield curve, says Payden & Rygel
Source: GlobeNewswire
Monetary PolicyInterest Rates & YieldsInflationEconomic Data
The Federal Reserve delivered its first interest-rate hike since 2023, signaling that inflation remains above target despite a resilient economy. Payden & Rygel characterized the move as evidence of persistent inflation pressures, reinforcing a hawkish policy backdrop for markets.
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