A hawkish Fed signals further rate hikes and sees a slowing economy – but not recession

A hawkish Fed signals further rate hikes and sees a slowing economy – but not recession Fed Chair Jerome Powell indicated further hikes to come. Drew Angerer/Getty Images   By Arabinda Basistha, West Virginia University The U.S. Federal Reserve hiked its benchmark interest rate by a further three-quarters of a percentage point on July 27, 2022. […]

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