Hot inflation fuels bets on supersized Fed rate hike ...Middle East

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Hot inflation fuels bets on supersized Fed rate hike
source : Devdiscourse ( Middle East ) () 41
The U.S. Federal Reserve is seen ramping up its battle with 40-year high inflation with a supersized 100 basis points rate hike this month after a grim inflation report showed price pressures accelerating. "Everything is in play," Atlanta Fed President Raphael Bostic told reporters in Florida, when asked about the possibility.

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