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Supported by Federal Reserve Board Chair Jerome Powell, the FOMC kept the US key interest rate in the range of 5.25%-5.5% to ensure progress hitting its target of 2% desired inflation. With both all members in agreement to proceed “carefully” with regards to this rate, the financial outlook is carefully guarded with the future unknown. Lastly, no discussion focused on reducing this rate.
Some of the highlights regularly featured in our newsletter also include the Fed Minutes Show Agreement to Proceed “Carefully” on Interest Rates, The 40 Highest Paying Jobs of 2023, inspection of Oil production cuts aided by Win Signals and Oil Sector Overhaul, charts the Lithium Sector Stability, and questions the Best Buy, Lowe’s Cut Forecasts as consumers become more cautious.
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