Fed could weigh historic 100 basis-point hike after inflation scorcher - Moneycontrol

Given the acceleration in monthly inflation, economists at Nomura Securities International now expect a full percentage-point increase in the Fed’s benchmark rate at the upcoming policy meeting.

Federal Reserve officials may debate a historic one percentage-point rate hike later this month after another searing inflation report, which cemented odds of at least a 75 basis-point move and boost… [+5213 chars]

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