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Published: Nov. 1, 2023 at 5:45 p.m. ET
Producers of metals and other raw materials were flat after the Federal Reserve’s announcement
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Following Fed Chairman Jerome Powell’s commentary on the projected path of growth and inflation, Treasury yields experienced a decline. Although there is a likelihood of another rate hike in the future due to robust economic data and above-target inflation, Powell stated that the central bank has not yet committed to resuming its rate-hike campaign.
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