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Too Soon to Tell

Too Soon to Tell

Fed raises rates while keeping an eye on the banking crisis

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The Transcript
Mar 27, 2023
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Too Soon to Tell
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Succinct Summary: The Fed met last week and raised interest rates by ¼ point and signaled that they are keeping a close eye on the banking system. They think that the system is fundamentally sound but that recent stress is likely to impact credit availability and perhaps substitute for additional rate hikes. Therefore, even though, inflation data contin…

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