• I’m baaaaack!

    Getting v aggressive The Federal Reserve released meeting minutes from their last meeting that indicated officials are prepared for multiple 0.5% increases to the interest rate in the next several months, moving their policy past “neutral” into “restrictive” territory. Basically, they’re not afraid to get aggressive to bring down inflation, but are also concerned about being so aggressive that it creates risks to financial stability across the economy. Moral of the story: We started with policy interest rates near 0% at the beginning of the year and the market is expecting we’ll end the year closer to 2.5% – 2.75%, though it seems like the Fed might be willing to…

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