Fed Watch: 'Pivot' Lite?
The Fed delivered another outsized rate increase at today’s FOMC meeting, raising interest rates again by 75 basis points to a new range of 3.75%–4%. This week on the Basis Points podcast, Kevin Flanagan outlines what this means for the markets and discusses what to expect from the Fed going into 2023.
Basis Point: 1/100th of 1 percent.
The skinny
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