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Big Tech Earnings, College Admissions Controversies, and UFOs
Pivot
The Fed Raised Interest Rates a Quarter of a Point
The Fed has raised interest rates a quarter of a percentage point, again, marking a 22 year high in a news conference. Jerome Powell said there is still a long way to go to hit the Fed's 2% target and said it's certainly possible. Another raise will come in September if warranted. Many people think a soft landing. He was saying we're not in the recession. Scott, any thoughts?
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