Here's a look at key things we learned from Fed Chair Jerome Powell's press conference on Wednesday. Read More...
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The Federal Reserve on Wednesday raised its benchmark interest rate by 25 basis points, to a range of 5%-5.25%, close to the peak seen just before the Great Recession in 2008.
Beyond that headline, here are key takeaways from Powell’s press conference:
Fed is ‘on hold’
The new forward guidance from the Fed means the central bank is…
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