Fed raises rates by half percentage point, sees economy nearing stall speed
Category:Cross-Border
Updated:2022-12-14
“Taken together, today’s statement and economic projections tell a simple, but persuasive story: this Fed isn’t prepared to ‘pivot’ in any meaningful way until it sees sustained and conclusive evidence of a reversal in inflationary pressures,” said Karl Schamotta, chief market strategist at 91.
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