Fed to slow to 50 basis-point hike in September, recession worries grow, Reuters poll shows - Reuters

The U.S. Federal Reserve will raise rates by 50 basis points in September amid expectations inflation has peaked and growing recession worries, according to economists in a Reuters poll, who said the risks were skewed towards a higher peak.

BENGALURU, Aug 22 (Reuters) - The U.S. Federal Reserve will raise rates by 50 basis points in September amid expectations inflation has peaked and growing recession worries, according to economists i… [+3787 chars]

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