Fed Watch: Is That All You Got?
The Fed left the interest rates unchanged at today’s FOMC meeting, keeping the trading range at 5.25% –5.50%. Could the markets still see another rate hike in 2023? This week on the Basis Points podcast, Kevin Flanagan discusses the possibility of another rate hike as we move into Q4 and head toward 2024.
Basis point: 1/100th of 1 percent.
The skinny
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