RE: The US is expected to raise interest rates again - theold - 07-07-2023
The Federal Reserve said it will likely raise interest rates again this year and that a recession in 2023 is likely, according to newly released notes from the Federal Open Market Committee’s meeting last month. Some on Wall Street had hoped the June pause in interest rate hikes would be the end of the central bank’s tightening campaign, and stocks fell following the Fed release.