The U.S. Federal Reserve announced a 75 basis point hike in interest rates on Nov. 2, 2022, causing crypto and stock markets to tank. After the hawkish speech by the Federal Reserve chairman Jerome H...
Tag: 75basis
A 75-basis point Fed move is not a slam dunk, former staffer says
In the last 24 hours, investor expectations for the Federal Reserve have coalesced around a 75 basis point hike, nudged in that direction by a Wall Street Journal article. Fed-funds futures markets no...