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Kaitlyn Davis profile image

Kaitlyn Davis Loan Officer

NMLS ID: 2023181

Market Update

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June 16, 2023

Fed takes a brief pause, changes its 2023 outlook

The Federal Reserve opted not to implement an 11th straight rate hike at its latest meeting—but there was little relief on Wall Street as the Fed revealed it's not done with rate increases quite yet. Fed Chairman Jerome Powell said in his...