Fed Issues Fourth Consecutive ‘Jumbo Hike’

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The Fed issued its fourth consecutive 75 basis-point rate hike, taking its Funds Rate target range to between 3.75% and 4.0%. Following the announcement of the decision, some carefully worded comments from Fed Chair Jerome Powell suggested that a slowdown in the Fed’s rate of increase may be on the horizon. Here’s everything you need to know about the rate decision. Presented by @CME Group:

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