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The Fed is going to raise rates again by 50 basis points Says Suman Bannerjee, Hedonova
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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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