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Allspring Global Investments

2023 Top 500 ranking: 55

Living on a Prayer

Living on a Prayer

The Federal Open Market Committee hiked rates by 25 basis points (bps) and kept its quantitative tightening plans in place. It did acknowledge that financial conditions have tightened and progress has been made on inflation. However, it seems to think it can simultaneously tighten monetary policy to fight inflation while ...

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