US Fed readies for biggest rate rise in 28 years - The Australian Financial Review
5/2/2022 12:00:00 AM3 yearsago
by Matthew Cranston
by Matthew Cranston
The US Federal Reserve is set to increase rates by 50 basis points - its largest rise since November 1994. But some economists think this could be the start of a mistake.
JPMorgan Funds chief global strategist David Kelly and research analyst Stephanie Aliaga have argued the actions are aggressive and the Fed will have to soften its approach. Such aggressive action w… [+2585 chars]
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