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Jed Graham: Fed Now Sees Two Interest Rate Hikes In 2023
The Federal Reserve on Wednesday unexpectedly signaled backing for two interest-rate hikes in 2023 amid higher inflation. The S&P 500 slid after the Fed's 2 p.m. Eastern Time policy statement, but pared losses as Fed chief Jerome Powell answered questions. Treasury yields jumped. The Federal Reserve's post-meeting policy statement indicated
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Posted: June 16, 2021 Wednesday 04:08 PM