By: Brent Schutte, CFA Equities finished the week lower, and bond yields moved higher (yields and bond prices move inversely to each other) as the latest Summary of Economic Projections (SEP), or so-called “dot plot,” from the Federal Open Markets Committee (FOMC) along with comments from Federal reserve Chair Jerome Powell set a higher bar...
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The post Markets Take a Breather as Fed Forecasts Call for Fewer Rate Cuts first appeared on Inland Valley News.