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One sentence from the Fed got markets all worked up. Then Powell spoke

Por: CNN Business November 03, 2022

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Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, New York CNN Business  —  The Fed hath spoken. As we discussed yesterday, the Fed’s 75-basis-point move was basically a foregone conclusion. And the central bank delivered, announcing it would raise interest rates once again by — its fourth straight move of that size since it began trying to tame inflation... + full article



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