Wall Street advanced on Thursday following the Federal Reserve’s decision to keep interest rates steady at 3.5%–3.75%. Attention has now quickly shifted to the ...
The latest inflation data offered investors a potential boost on Tuesday, as the June consumer price index report came in below expectations and signaled continued moderation in price pressures.
SA analyst Jack Bowman noted: "The Federal Reserve held rates at 3.5-3.75% despite elevated inflation and energy-driven price shocks… I maintain that adding duration remains appropriate, as the Fed's ...
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