Dec 12
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"The Fed is still in an inflation-fighting mode and chose to use the window they have — a 25 bps would not be a big shock for markets — to ratchet up the rates at the slower pace compared to 2022," said Jan Szilagyi, CEO and co-founder of Toggle.
"Staying the course also signaled to the market that there isn't something ominous the Fed knows that markets may not be aware of," he added.
Read the full article on The Bond Buyer.
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Dec 12
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