01-01-1970 12:00 AM | Source: PR Agency
The Fed is going to raise rates again by 50 basis points Says Suman Bannerjee, Hedonova
Below is view Expectation from Fed meeting this week by Suman Bannerjee, CIO, Hedonova
The Fed is going to raise rates again by 50 basis points, after a series of 75 basis point hikes, the slower rate hike is expected. Most investors will criticize but I'm rooting for it. Yes, higher rates may slow down the economy; yes, it increases the chance of inflation; but what surely will happen is that inflation will get tamed.
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