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AllianceBernstein

2021 Top 500 ranking: 34

Fed Ready to Tighten the Screws on Inflation

AB_Fed Ready to Tighten the Screws on Inflation

The Federal Reserve raised its benchmark interest rate by 25 basis points this week. The central bank also signaled that it’s likely to keep raising rates at every meeting well into the second half of the year, and made it clear that it will start paring its balance sheet soon.

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