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Summer Of Volatility?

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At the FOMC meeting, the median outlook for core inflation this year drifted up to three percent from 2.1 percent (though the long-term inflation outlook didn’t change). Of more direct market consequence, the median “dot plot” around the Fed funds rate in 2023 had shifted to suggest two rate hikes that year from the zero lower bound.

...read full article on Seeking Alpha

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