Fed keeps rates steady after divided meeting
The rate has sat at its lowest level since November 2022 for five straight meetings
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The rate has sat at its lowest level since November 2022 for five straight meetings
An oil spike has flipped the easing narrative. Traders are wagering the Fed unwinds last year’s cuts, with the BOE…
The key rate remains unchanged at 3.5-3.75%.
The Fed Chair also flagged a potential halt to its quantitative tightening policy
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Treasury yields have dipped to their lowest in months ahead of the meeting
The markets “are not properly priced for what increasingly seems likely to be a rupture in Fed independence,” Evercore ISI…
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