We expect the Federal Reserve to hike the federal funds rate by 25 basis points to a range of 5% to 5.25% at its May 3 meeting, with changes in the Federal Open Market Committee statement that imply a possible pause in the rate hike campaign and a bias toward future tightening if inflation ... READ MORE >
rate hike
FOMC policy decision preview: Fed to hike lending rate .75% next week
A 100-basis-point increase in the federal funds rate will be on the table during the Federal Open Market Committee meeting next week, but we expect the central bank will hike the policy rate by 75 basis points. The fourth boost to the lending rate this year will come amid clear signs of global and ... READ MORE >