aggressive

Fed expects aggressive rate hike to 5%, triggering global recession: survey

Fed expects aggressive rate hike to 5%, triggering global recession: survey

Federal Reserve officials are expected to maintain their hawkish stance at next week’s policy-making meeting where they are expected to approve another big interest rate hike, paving the way for higher interest costs. borrowing above 5% by March 2023, according to a survey by Bloomberg economists. The survey found that most respondents expect the Fed …

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Fed sees aggressive hike to 5%, triggering global recession

Fed sees aggressive hike to 5%, triggering global recession

(Bloomberg) – Federal Reserve officials will maintain their staunchly hawkish stance next week, laying the groundwork for interest rates to hit 5% by March 2023, moves that appear likely to lead to a U.S. recession and world, said economists surveyed by Bloomberg. Bloomberg’s Most Read The Federal Open Market Committee will raise rates by 75 …

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