The Fed Just Predicted a Fairly Lousy Economy—and the Markets Noticed

6 days ago
The Fed's prognostications connected the system foretell it volition beryllium level to moribund.Commentary The Federal Reserve (Fed) announced connected Sept. 21 that it raised interest rates by 75 ground points (bps), oregon three-quarters of a percent point. The determination came a time aft the Federal Reserve Bank of Atlanta dropped its much-watched estimation of third-quarter 2022 GDP (“GDP Now“) to conscionable 0.3 percent connected Sept. 20, aft residential&n...
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