/cloudfront-us-east-2.images.arcpublishing.com/reuters/E6VTOUT47BMR7IELODDJ5TPPH4.jpg "Fed to stick to 75 bps hike in July; 40% chance of recession")
The U.S. Federal Reserve will opt for another 75 basis point rate hike rather than a larger move at its meeting next week to quell stubbornly-high inflation as the likelihood of a recession over the next year rises to 40%, a Reuters poll of economists found.
Fed to stick to 75 bps hike in July; 40% chance of recession
The U.S. Federal Reserve will opt for another 75 basis point rate hike rather than a larger move at its meeting next week to quell stubbornly-high inflation as the likelihood of a recession over the next year rises to 40%, a Reuters poll of economists found.
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