Weekly Commentary | June 18, 2023
Macro Picture
The Fed delivered what some have described as a 'skip and a jump' refraining from bumping up interest rates while all but guaranteeing another hike in July. Some have been calling this a pause but this is not really a pause so much as a skip as one month of not raising rates isn't much of a pause.
The Fed guidance may be a lot of bluster to…
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