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Is the Rally Behind Us? And Did Biden’s Latest Blunder Derail Progress With China? 6/21/23

CNBC's "Fast Money"

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Fed Chair Powell's Latest Comments

Powell said a majority of Fed officials have forecast at least two hikes. 16 of the 18 participants on the FOMC wrote down that they do believe it'll be appropriate to raise rates. Higher rates are slowing business investment and the labor market remains very tight.

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