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Welcome back to Monthly Buzz!
As the month began, markets continued to be optimistic as inflation turned out to be better than expected. Equity markets continued to rise, led by the small-cap Russell 2000 Index. At the same time, the Nasdaq 100 underwent a special adjustment to address its weighting.
Later in the month, the Federal Reserve raised interest rates by another 25 basis points, leaving the door open for another rate hike....