Breaking_News_Economy

The Fed is now expected to keep raising rates then hold them there, CNBC survey shows

Wall Street finally looks to be embracing the idea that the Federal Reserve will hike rates into restrictive territory and stay at that high rate for a substantial period. That is, the Fed will hike and hold, not hike and cut as many in the market…

Global Courant

Market bracing for another three-quarter point hike from the Fed this month

Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, DC, on July 27, 2022. Mandel Ngan | AFP | Getty Images Traders are now seeing a near certainty that the Federal Reserve enacts its third consecutive 0.75 …

Global Courant
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