Fed door open to 0.75% hike after inflation data, market moves - Moneycontrol

6/13/2022 12:00:00 AM2 years 10 months ago
by Reuters
by Reuters
Fed officials have not commented publicly since the start of their pre-meeting "blackout" period on June 4, and prior to that had said they were leaning toward a second straight half-point rate increase at their June 14-15 policy meeting.
Eroding inflation data and fast-changing views in financial markets on Monday have opened the door to a larger-than-expected three-quarter-percentage point interest rate increase when Federal Reserve⦠[+3016 chars]
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