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Economic Analysis

Waves: June 17, 2023

Weekender June 17, 2023
Good morning and welcome to the Weekender for Saturday, June 17,2023. Equity markets in the United States rose 2.6% last week, as measured by the Standard and Poor’s 500 index. In a well-telegraphed move, the Federal Reserve did not raise rates at their June meeting. However, their prepared remarks said that rate hikes might resume if the labor market and economy do not cool.

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