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The equity markets are certainly applauding the decision. This could mean that they are not going to be quick in raising rates, the Fed is still cautious and wary about the sustainability of economic growth. They are taking baby steps to a full-blown tightening cycle.

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Reuters 9 years ago
Philip Petursson

Philip Petursson

Philip Petursson is Chief Investment Strategist at Manulife Investments based in Toronto, Canada

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    "Philip Petursson Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 3 Dec. 2024. <https://www.quotes.net/citizen-quote/60452>.

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