Fed to hike 25bps, too soon to confirm it’s last

FOMC is widely anticipated to increase interest rates by 25bps to between 5.25-5.50% today, following a brief pause in June. Recent chatter among financial circles suggests that this could mark the last hike in Fed’s current tightening cycle, as inflation has shown promising signs of deceleration. However, it’s worth noting that the next FOMC meeting […]

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