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The 10 Year Stock Market Is Not Reacting
The committee decided to maintain the target range for the federal funds rate at 5 to 5.25%. Holding the target range steady at this meeting allows the committee to assess additional information and its implications for monetary policy. Inflation takes the inflation that we experienced the last couple of years took prices up higher to a new higher level. Oil is one of these stories that nobody has gotten right for a very long time. It's extremely weak despite the supply constraints. We've entered a 15 year bull market, but that has not been represented at all on the charts.