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The Fed recognizes that rate increases are leading to tightening demand

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May 08, 2023
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Succinct Summary: The Fed raised interest rates last week, but it looks like this may be the last rate increase of this cycle. They still see inflation as too high and labor markets as very strong, but they recognize that rate increases are leading to tightening demand in the most interest rate-sensitive sectors. They do not seem to think that they will…

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