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Federal Rates Pause & Blinken’s China Trip | Afternoon Update | 6.14.23

Morning Wire

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Federal Reserve's Rate Decisions and Political Controversies

This chapter explores the Federal Reserve's decision to halt interest rate hikes after 15 months, signaling a strategic evaluation of its inflation measures. It also delves into the implications of this pause on consumer loans and a controversy involving the White House Press Secretary's comments related to the Hatch Act.

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