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Ukraine and Russia Launch the Worst Attack on the Kremlin in a Year
The Federal Reserve left the door open for a rate hike pause following its 10th straight interest rate increase on Wednesday. The Fed's target rate now above 5 percent for the first time in 16 years. Jay Powell saying the Fed will remain data-dependent as it plots its future rate course. But just don't call it a pause. A decision on a pause was not made today. I'm calling it perhaps the Harry Potter style Voldemort pause that can't be named.
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