August 22, 2022

Inflation

Poll: Fed To Slow September Hike To 50 Basis Points; Recession Worries Grow

According to a Reuters poll market research, the U.S. Federal Reserve will raise rates by 50 basis points in September amid expectations inflation has peaked and recession worries are growing. Inflation last month eased to around a four-decade high, forcing Fed funds futures to narrowly shift to a 50 basis point hike in September after

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