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Fed's Monetary Policy Outlook for 2023: Will Fed raise borrowing rates or Pause?

The US Fed has raised borrowing rates to 5.25% since March 2022, a level not seen in at least 16 years. Markets have reacted sharply to the monetary tightening. But the big question among investors is: when is this tightening going to stop? What's the outlook for the rest of 2023 and beyond?

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