Breaking the Streak: The Fed's Bold Move with Uncertain Consequences #shorts
Channel: GenWealth Financial Advisors
Date: 2023-06-15

The Federal Reserve broke a 10-hike streak, pausing its relentless push to raise interest rates. From near 0% to 5-5.25%, these hikes aimed to slow inflation without triggering a recession. The outcome so far seems positive, but the long-term effects remain unclear. The Fed remains committed to reaching a 2% inflation target. 

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