Today news
About the same in other media
Derby’s Take: Some Banks See a Need for a 75 Basis Point Rate Increase
Reading now: 489
While many banks think the Federal Reserve will hold off from a truly supersize rate rise on Wednesday, fearful of what such an unexpected action could do to markets and the broader economy, some believe the central bank may need to surprise with an aggressive move in the wake of bad inflation news.
Investment banks Jefferies, Barclays , Goldman Sachs and J.P. Morgan told clients in research notes over recent days they now believe the Fed will boost the federal-funds target rate range, now between 0.75% and 1%, by three quarters of a percentage point at the Federal Open Market Committee meeting on Wednesday. A move of that size would equal the Fed’s two rate rises this year, in March and May.
Read more on wsj.comAbout this in other media
Why City boardrooms need proper mental health strategies fnlondon.com /2 years ago
Fed’s Waller Supports 0.75-Percentage-Point Rate Hike in July wsj.com /2 years ago
Crypto Meltdown Underscores 'Urgent Need' For Regulation: US Treasury ndtv.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![ETC [Ethereum Classic] turtles should note down these points before setting trigger](https://finance-news.co/storage/thumbs_400/img/2022/6/21/30609_uahyq.jpg)
![Bitcoin [BTC] investors caught up in stress need to look at this metric](https://finance-news.co/storage/thumbs_400/img/2022/6/19/30329_t6j.jpg)
