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【Zillow】Fed raises key policy rate and signals potential pause, but economic uncertainty abounds

【Zillow】Fed raises key policy rate and signals potential pause, but economic uncertainty abounds

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Much uncertainty surrounds the state of the US economy. In his press conference, Powell alluded to the risk of the US defaulting on its debt, affirming that the Fed cannot be expected to protect the US economy and financial system from a failure of the US government to pay its bills. 

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