Kevin Warsh-Led Fed Faces Inflation Test Ahead Of Midterms As Stephen Moore Calls For Another Hike: Crypto Bettors Weigh In
Markets expect the Fed to hold rates at 3.75%-4%; Stephen Moore urges a hike to curb 3.7% inflation, while markets see 94% odds of no change.
The Federal Reserve, which sets interest rates that affect everyone's savings and borrowing, faces a choice. Some leaders want to raise rates higher to fight inflation, while markets think rates will stay the same.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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