Fed Officers Anticipate Extra Fee Hikes Forward—And Nonetheless Foresee A Recession This Yr

Fed Officials Expect More Rate Hikes Ahead—And Still Foresee A Recession This Year

The Federal Reserve stated Wednesday it’ll possible bump rates of interest but once more this 12 months, confirming its June pause was not the top of the central financial institution’s tightening marketing campaign as some on Wall Avenue hoped.

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