US equities were higher this week, with the S&P logging its fifth consecutive week of gains, while the Nasdaq was up for the eighth straight week. The Fed voted Wednesday to hold rates steady for the first time after a 10-meeting hiking campaign that brought 500bp of tightening, though the 50bp rise in the 2023 forecast on the dot plot was more hawkish than expected. A number of economic reports brought support for the disinflation narrative.