Powell seen slowing Fed’s hikes after 75 basis points this week - Moneycontrol

Swap traders betting on Fed policy are now leaning toward a 50 basis-point hike in September as more likely than a 75 basis-point move, following weak US economic data earlier on Friday.

Federal Reserve Chair Jerome Powell is likely to slow the pace of interest-rate increases after front-loading policy with a second straight 75 basis-point hike this week, economists surveyed by Bloom… [+6086 chars]

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