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Axios
Axios
Business

Fed to markets: Not so fast on end of rate hikes

Inflation Tom Barkin
Note: Yield on five year Treasury Inflation Protected Securities; Data: Federal Reserve, FactSet

Federal Reserve officials have watched closely as interest rates plunged the last few weeks. Apparently, they don't like what they see.

Driving the news: Markets were becoming too confident in future easing, starting to price in only modest rate increases, and possible cuts next year. That has partially reversed this week after some hawkish Fed talk.

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