Fed raises rate Tuesday
The federal reserve raised the funds rate to 4.25% on Tuesday. The fed also signalled that they may be nearing the end of rate hikes. From the sound of it, there may be at least one other rate hike early next year.
I'm watching to see if the flat yield curve will become inverted. Either the market sees little inflation risk in the future, the market is fleeing to US treasuries seeking safety, or both.
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