The Fed’s rate hikes have succeeded in one way — they’ve reduced wealth inequality, analysis finds

The Fed’s rate hikes have succeeded in one way — they’ve reduced wealth inequality, analysis finds

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Maybe Santa hasn’t totally given up on the idea of visiting Wall Street this year. After all, on the day of a final central-bank surprise for 2022, courtesy of the Bank of Japan’s widening of its bond yield target, the S&P 500 SPX, still managed a (tiny) gain. Still, the outlook for early next…

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