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Kevin Downs Headshot

Kevin Downs Market Leader

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Market Update

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September 22, 2023

Has the Fed Changed Their 2024 Outlook?

A more hawkish Fed. That was the tone of the FOMC meeting on Wednesday. As expected, the FOMC opted to keep rates unchanged for this month. However, what caught many by surprise was the Fed's future guidance. Twelve out of the nineteen members...