Fed to raise rates aggressively in coming months, say economists - Reuters
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4/11/2022 12:00:00 AM3 yearsago
The Federal Reserve is expected to deliver two back-to-back half-point interest rate hikes in May and June to tackle runaway inflation, according to economists polled by Reuters who also say the probability of a recession next year is 40%.
BENGALURU, April 11 (Reuters) - The Federal Reserve is expected to deliver two back-to-back half-point interest rate hikes in May and June to tackle runaway inflation, according to economists polled … [+3789 chars]
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