Citi forecasts historic 100-basis point Fed rate hike after inflation shocker - Fox Business

The Federal Reserve could approve a historic, 100-basis point interest rate hike when they meet at the end of July following the sizzling-hot inflation data released this week.

Citigroup economists now expect the Federal Reserve to approve a historic, 100-basis point interest rate hike when policymakers meet at the end of the month following the hotter-than-expected June in… [+3044 chars]

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