
Midyear Market News: 'Unusual' Stock Rally and Today’s Sticky Inflation
Investing Insights
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The Fed's Decision to Slow the Economy
The Fed acted aggressively back in March to try and staunch the bleeding related from those bank failures. The good news is for the economy is that it doesn't seem to be spiraling on. Powell's pointing to one of the things that a lot of economists and investors are pointing to, which is a strength in the labor market.
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