Market expects quarter percentage point rate hike by Fed - Moneycontrol

The shift, beginning with an expected quarter-percentage-point increase in the US central bank's benchmark overnight interest rate, has been in the works since last fall and has already driven up the cost of home mortgages and other key types of credit in ant…

The Federal Reserve on Wednesday will close the door on its ultra-easy pandemic-era monetary policy and step up the fight against stubbornly high inflation with the first in what is likely to be a se… [+5398 chars]

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