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Second Quarter, 2022

The Federal Reserve subscribes to a “flexible" 2% average inflation target as its long-term goal for price stability. In order to manage their dual mandate of price stability and full employment, they expand or compress the money supply, traditionally through interest rate hikes or reductions. US interest rates have been [...]

2022-07-18T12:37:06-05:00July 18th, 2022|Market Commentary|
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