Fed mulls historic 100 basis-point interest rate hike to battle rampant U.S. inflation

MacDailyNews
Jul 14, 2022, 2:08 pm405 pts
U.S. Federal Reserve officials may debate a historic one percentage-point rate hike this month following yet another dismal report of increasingly rampant U.S. inflation. Catarina Saraiva, Steve Matthews, and Jonnelle Marte for Bloomberg News: “Everything is in play,” Atlanta Fed President Raphael Bostic told…

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