Fed Expected to Hike Rates for First Time Since 2023
The Federal Reserve is expected to hike interest rates for the first time in three years on Wednesday. Investors on Tuesday saw a greater than 90% chance of a quarter-point...
By Bloomberg Markets · Bloomberg Markets
The Federal Reserve is expected to hike interest rates for the first time in three years on Wednesday. Investors on Tuesday saw a greater than 90% chance of a quarter-point move this week and priced in another hike by the end of the year. Michael McKee has a preview. (Source: Bloomberg)