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James St. Aubin Highlights S&P 500 Momentum Amid High Interest Rates

Business Insider

Wednesday was Groundhog Day for the US economy, except the groundhog is Jerome Powell, and summer isn’t coming early.


In line with expectations, the Federal Open Market Committee announced that it would hold interest rates between 5.25% and 5.50% in a continued effort to reach a 2% inflation rate.

The thoughts and opinions expressed in the article are solely those of the person speaking as of 6/15/2024, and not necessarily those of Sierra and are provided for informational purposes only. Any opinion or estimate contained in this article is made on a general basis and is not to be relied upon by the reader as advice. The reader must make his/her own assessment of the relevance, accuracy, and adequacy of the information contained in this article, and make such independent investigations as he/she may consider necessary or appropriate for the purpose of such assessment.

0134-SI00XCOM 06272024

 

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