US 10 year yield tumbles below 4.5%
Swing area at 4.484%
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The S&P 500 rally off the late-October low now amounts to 7.2% in two weeks.
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On Wednesday, the Federal Reserve raised rates yet again. Here’s what you need to know about the Fed’s impact on savings rates. On Wednesday, the Federal Reserve raised interest rates yet again. The short-term federal funds rate was raised by 25 basis points, or 0.25%, bringing it to a target range of 5.25%-5.50%. Since March 2022, the Federal Open Market Committee (FOMC) the central bank's rate-setting group, has been increasing interest rates in an attempt to combat inflation. They began with
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