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Nuveen

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Fed hikes by a little less, but promise more to come

Fed hikes by a little less, but promise more to come

After hiking its policy rate by 75 basis points at each of the prior four meetings, the Fed took its foot off the brakes a bit, raising rates by only 50 basis points at its final meeting of the year. Inflation concerns remain, despite a string of softer data, but ...

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