Giuseppe Dellamotta
FOMC preview: The question is not whether the Fed hikes today, but how much tightening it signals
The Federal Reserve is expected to raise interest rates by 25 bps today, bringing the federal funds target range to 3.75%-4.00%. It would be the first rate hike since 2023, as persistently above-target inflation and very slow disinflation push the FOMC back toward a more restrict
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