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FOMC Skips June, But Signals Hikes Not Done Yet

FOMC Skips June, But Signals Hikes Not Done Yet As widely expected, the FOMC decided unanimously to refrain from raising rates at today’s meeting. However, the Committee continued to say that “additional policy firming” may be appropriate. Furthermore, the median dot for 2023 shifted up by 50 bps. That is, most FOMC members believe that

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FOMC Skips June, But Signals Hikes Not Done Yet

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