Post #1083167: Fed hikes by 75 basis points. New sentence in the…
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Fed hikes by 75 basis points. New sentence in the FOMC statement signals more increases but hints at possibly smaller increments

Fed hikes by 75 basis points. New sentence in the FOMC statement signals more increases but hints at possibly smaller increments

Nov 2, 2022 06:01 PM |
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nicktimiraos
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December CPI, three month annualized rates: Core goods: -4.8% Shelter: +9.2% Services less shelter: 1.2% Most Wall Street analysts and investors expect the Fed to raise rates tomorrow by 75 basis points, but some see a small chance of a larger 100-basis-point surprise. If it’s 75, the interest-rate projections and implied “peak” rate No major Fed surprises The FOMC voted unanimously to raise interest rates by a half p...