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Wall Street slumps as investors absorb hawkish Fed rate message | Economic Times

Wall Street slumps as investors absorb hawkish Fed rate message https://ift.tt/FhcCHGS, policymakers also signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the end of this year before topping out at 4.60% in 2023. This is up from projections in June of 3.4% and 3.8% respectively.
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