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Treasury yields breakout in focus post-Fed
The FOMC keeps the target Fed Funds range at 5.25% to 5.50%The Dot Plot sees the end of year Fed funds rate at 5.6%. The 2023 EOY rate at 5.1%.Highlights from the Fed Chair Powell's press conference after September rate decisionA summary of the Fed Chair Q&A comments by topicThe gist of it is that the Fed is sticking to their ongoing pause as they continue to tout the narrative of higher rates for longer. In backing that narrative, they revised higher their projections for the economy and also r...
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Posted: Sep 21 2023, 04:12
Author Name: forexlive
Views: 091016
