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The U.S. Federal Reserve holds its benchmark interest rate steady at a 23-year high of 5.25-5.50 percent due to recent stubborn inflation, hinting that borrowing costs will remain at about
Slightly less hawkish than expected Federal Reserve guidance on Wednesday and Bank of Japan (BoJ) intervention has curbed dollar support and the Pound to Dollar (GBP/USD) exchange rate found support below the 1.2500 level.
Is a Volcker-like series of rate hikes in the cards?
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Wall Street debates Federal Reserve policy on asset prices. Traders allocate funds across markets. ETFs attract $374 billion during an unprecedented equity rally. S&P 500 surges 27%. Marketfield Asset Management criticizes inflation goal progress.