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Bond markets get ahead of Jerome Powell, again

By Tiana Lowe Doescher
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Bond markets get ahead of Jerome Powell, again

At the final Federal Reserve meeting of the year, the central bank has telegraphed more of the same. It held the federal funds rate at 5.25% to 5.5% and once again signaled that contrary to the hopes of investors, it would stay the course of “higher for longer.”

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Federal Reserve Inflation Jerome Powell