The Pomp Letter
The Pomp Letter
Inflation Is Falling But The Fed Wants To Hike Interest Rates More
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Inflation Is Falling But The Fed Wants To Hike Interest Rates More

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To investors,

The Federal Reserve is set to make another interest rate decision later this week. After 10 consecutive rate hikes since March 2022, the Fed paused at their last meeting. This pause was not a full commitment to the rate hikes being over.

Instead, the central bank has hinted at future rate hikes through the end of 2023. The consensus is for …

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