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Jed Graham: Federal Reserve Expects 4.6% Rate Peak


The Federal Reserve hiked its key interest rate 75 basis points on Wednesday and signaled much more to come. Policymakers' quarterly projections show the federal funds rate heading as high as 4.6% next year. The Dow Jones Industrial Average remained volatile, swinging lower then higher then lower again after the Fed meeting policy statement.

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Posted: September 21, 2022 Wednesday 04:01 PM