This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, March 16, 2022 Inflation is raging at a pace not seen in 40 years, making it a near certainty that the Federal Reserve will raise interest rates at the conclusion of its policy-setting meeting this afternoon. How do we know? Because Fed Chairman Jerome Powell said so. “I’m inclined to propose and support a 25 basis point rate hike,”… Source link
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