Fed to unveil another large rate hike as signs of economic slowdown grow - Reuters


7/27/2022 12:00:00 AM2 years 9 months ago

With the Federal Reserve expected to hike its key interest rate by three-quarters of a percentage point on Wednesday to battle high inflation, focus will shift to how deeply signs of a possible economic slowdown have registered with its policymakers.

WASHINGTON, July 27 (Reuters) - With the Federal Reserve expected to hike its key interest rate by three-quarters of a percentage point on Wednesday to battle high inflation, focus will shift to how … [+5666 chars]

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