Fed Leaves Rates Unchanged But Future Moves Uncertain Amid High Inflation; Markets Anxious Over Bonds, Growth Concerns, FTX Trial
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The Fed is expected to leave interest rates unchanged today, but investors are anxious about future moves as inflation persists.
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The Treasury will announce how much debt it plans to issue, adding to already high volatility in bonds.
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Markets fell yesterday amid growth concerns related to the Israel-Hamas conflict. The S&P 500 had losses for a 3rd straight month.
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Closing arguments begin today in Sam Bankman-Fried's fraud trial related to the collapse of FTX; jury deliberations could start soon.
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A court ruling against real estate groups could significantly lower commissions and shake up the home buying/selling market.