Federal Reserve's Stance on Hiking Rates and the Impact of Refunding Announcement on the Bond Market

On today's podcast:

1) Israeli military report dozens killed and wounded at a Gaza refugee camp, stoking concerns about the mounting toll from weeks of fighting.

2) US Secretary of State Antony Blinken is set to head back to Israel as both nations explore options for the future of the Gaza Strip.

3) The Federal Reserve is poised to hold interest rates steady at a 22-year high for a second meeting, while leaving open the possibility of another hike as soon as December with economic growth staying resilient.

4) Rishi Sunak pitches himself as a clean break from the chaotic leadership of his two immediate predecessors as prime minister for both the UK and his governing Conservative Party. Instead, he’s getting dragged back into the mire over his role in the country’s chaotic response to the coronavirus pandemic.

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