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It looks like we at least can count on the Fed to keep things steady. “The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid,” Chair Jerome Powell said Tuesday on the first of a two-day appearance before Congress.

The inflation trend just hasn’t seemed to abate. It will be an unchanged Spring and Summer of “steady as she goes!” The only real concerns may be the tightening of labor due to immigration controls which could cause the Fed to raise lending rates.