Fed Watch: Finally, ‘Walkin’ the Walk’
At the September FOMC meeting, the Fed raised rates by 25 basis points to 3.75%–4.00% amid persistent inflation pressures. This week on Basis Points, Kevin Flanagan explains why the move may not be the last hike investors see this year.
Basis point: 1/100th of 1 percent.
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The skinny
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