FED Readies Another Economy-Smashing Rate Hike To Calm Inflation

  • The Fed is widely expected to announce a 0.75 percentage point rate increase, its fourth hike in a row of that size, in its ongoing effort to fight high inflation. Market participants are also looking for a signal that the central bank is prepared to slow the pace of its rate-hiking plan come December.
  • “They’re going to have to hike. Nobody likes it. Everybody wants them to stop, but it’s like a car crash in slow motion. They just can’t stop hiking.”
Click to read full article

Sign Up for Our Newsletter

Join our list!

Sign up here to get our daily newsletter with the top trending headlines.