Markets gapped lower this Monday morning as the Federal Reserve suggested an early end to bond purchases while also raising their rate outlook. The Fed’s move was based on if the US met inflation of 2% along with having positive jobs data - both conditions were met over the weekend. “Our expectation is that they are going to show three additional rate hikes in 2024” according to a rate strategist at Bank of America^1. While this doesn’t necessarily suggest an end to higher ma