Powell saw Fed rate hikes slowing by 75 basis points next week

Powell saw Fed rate hikes slowing by 75 basis points next week – Mail Bonus

ADVERTISEMENT Federal Reserve Chairman Jerome Powell is likely to slow interest rate hikes from a front-end approach with a second consecutive 75 basis point increase next week, according to economists surveyed by Bloomberg. They expect the Federal Open Market Committee to raise interest rates by half a percentage point in September and then switch to …

Powell saw Fed rate hikes slowing by 75 basis points next week

– Mail Bonus Read More »