Fed could weigh 100 bps hike after inflation scorcher - Economic Times

I think they have time, if they want, to change that expectation to 100. I don't think they've given us a great reason why they should be going slow here, said Michael Feroli, chief US economist at JPMorgan.

Federal Reserve officials may debate a historic one percentage-point rate hike later this month after another searing inflation report piled pressure on the central bank to act. Everything is in pla… [+5420 chars]

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