Fed to stick to 75 basis point hike in July; 40% chance of recession: Poll of economists - CNA

BENGALURU: The United States 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 per cent, a Reuter…

BENGALURU: The United States 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… [+3463 chars]

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