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First thing’s first, the Fed raised its target rate by a quarter of a point in Kevin Warsh’s quest to reduce the inflation rate he inherited from Joe Biden and Jay Powell, from over 3%, to at least 2%, and perhaps moving it toward zero. And then in the next 24 hours, financial markets applauded.
With Jason Katz, Art Laffer, Michael Faulkender, Brian Wesbury, Mary Katharine Ham, Joe Concha and Roger Zakheim
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