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Fed’s hawkish shift puts hedge funds on alert amid rate path uncertainty

TOP STORY: The Federal Reserve’s return to interest rate hikes has strengthened perceptions of its willingness to prioritise inflation control, but uncertainty remains over how far rates may…

  • Federal Reserve raises interest rates by 25 basis points to 3.75%-4%
  • First rate hike since 2023, contrast to July's 9-3 vote
  • Uncertainty over future rate hikes before year's end

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